10, SCHOOL LANE, CLAYPOLE, NEWARK, NG23 5BQ - £840,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 SCHOOL LANE is a very large detached house of 494m², which could now be worth an estimated £967,938. It was last sold for £840,000 in May 2021, which was around 163% above the average May 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, 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 South Kesteven local authority area for the corresponding sale date. One of the two 10 SCHOOL LANE 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
2021 28 MAY	£840,000	£319,651	163% above HPI
2013 3 MAY	£190,000	£209,168	9% below HPI

10 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 10 SCHOOL LANE sales from May 2013 and May 2021 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 May 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2021 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might 10 SCHOOL LANE be worth now?

10 SCHOOL LANE might now be worth an estimated £967,938.

This is based on house price inflation of 15.2%, between May 2021 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.2% inflationary increase is applied to the most recent sale price for 10 SCHOOL LANE of £840,000 on 28th May 2021. For the value to have increased from £840,000 to £967,938 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 10 SCHOOL LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2021 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SCHOOL LANE has not materially changed since May 2021.

How Large is 10 SCHOOL LANE?

10 SCHOOL LANE is 494m² according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Claypole, and where 10 SCHOOL LANE lies on this distribution: 99% of detached houses houses are smaller than 10 SCHOOL LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Claypole.

10 SCHOOL LANE: Plot and Title Map

10 SCHOOL LANE sits on a plot of roughly 0.405 of an acre, or 1,638m². 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 CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 10 on SCHOOL LANE.