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This is a quadratic equation, i.e. an equation involving a polynomial of degree 2. To solve them, you must rearrange them first, so that all terms are on the same side, so we get

i.e. now we're looking for the roots of the polynomial. To find them, we can use the following formula:

where
is a compact way to indicate both solutions
and
, while
are the coefficients of the quadratic equation, i.e. we consider the polynomial
.
So, in your case, we have 
Plug those values into the formula to get

So, the two solutions are


In order to find the area of a rectangle, the formula is L*W (Length multiplied by Width). Our goal is to find these two measurements, so we will take the following steps:
1) Plot the coordinates on a graph (I have attached a visual guide)
2) Using the Pythagorean Theorem, or the Distance formula we can find the length and width:

3) We will use these values in the Area formula for a rectangle (L*W)
4) After solving the Area formula with the values retrieved from the Distance Formula we find that
the area is roughly 30 units squared.