THE SCHOOL HOUSE, WEST GRIMSTEAD, SALISBURY, SP5 3RF - £485,000

THE SCHOOL HOUSE is a large extended detached house of 133m², built sometime before 1900. It was last sold for £485,000 in October 2017, which was around 17% above the average October 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

THE SCHOOL HOUSE Sold Prices

Land registry data shows two sales for THE SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. One of the two THE SCHOOL HOUSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 26 OCT	£485,000	£414,881	17% above HPI
2011 18 NOV	£230,000	£314,304	27% below HPI

THE SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two THE SCHOOL HOUSE sales from November 2011 and October 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is THE SCHOOL HOUSE?

THE SCHOOL HOUSE is 133m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in West Grimstead, based on EPC data. The below chart shows the distribution of detached houses by size in West Grimstead, and where THE SCHOOL HOUSE lies on this distribution: 61% of detached houses are smaller than THE SCHOOL HOUSE, and 37% of houses are larger. Note that EPC data is not available for all properties in West Grimstead.

THE SCHOOL HOUSE: Plot and Title Map

THE SCHOOL HOUSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of THE SCHOOL HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE SCHOOL HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE SCHOOL HOUSE?

THE SCHOOL HOUSE is located in WEST GRIMSTEAD, in the SP5 postcode district. The below map shows the position of THE SCHOOL HOUSE in WEST GRIMSTEAD.