Just a quickie, cos DD1 is singing in my ear ...!
No, I wouldn't move house unless the schools were truly awful where I was living. Can't afford it, frankly and I don't think there are any guarantees wherever you are.
Our local school has a rather dubious Ofsted report and all the ones that are just a bit further away have glowing reports. We went to visit them all, thought long and hard, and ended up sending her to the local school.
She's now in Reception and so far, I am delighted with everything they are doing at school. Being local is lovely, because we are walking to school with all the neighbourhood kids and she is making great friends. And the teaching seems great, despite Ofsted's comments.
Obviously, we are only half way through our first term, so all might change. But I now regard Ofted with a lot more scepticism than I did a year ago.
If you go to the school and it seems like somwhere that your DD could fit in, go for it. If you can't see her there, that might be a different matter, but don't rush into spending thousands on the basis of an Inspector's opinion.