10, SCHOOL LANE, BELTON, LOUGHBOROUGH, LE12 9TU - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 SCHOOL LANE is a very small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2019, which was around 14% below the average May 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

10 SCHOOL LANE Sold Prices

Land registry data shows two sales for 10 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 10 SCHOOL LANE sales were 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
2019 24 MAY	£240,000	£280,444	14% below HPI
2007 23 NOV	£197,000	£228,470	14% below HPI

10 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 10 SCHOOL LANE sales from November 2007 and May 2019 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, which was also at 14% below the HPI.

How Large is 10 SCHOOL LANE?

10 SCHOOL LANE is 87m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Belton, based on EPC data. The below chart shows the distribution of detached houses by size in Belton, and where 10 SCHOOL LANE lies on this distribution: 4% of detached houses are smaller than 10 SCHOOL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Belton.

10 SCHOOL LANE: Plot and Title Map

10 SCHOOL LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 10 SCHOOL LANE, 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 10 SCHOOL LANE). 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 10 SCHOOL LANE?

10 SCHOOL LANE is located in BELTON, in the LE12 postcode district. The below map shows the position of No. 10 on SCHOOL LANE.