10, SCHOOL LANE, HARBY, MELTON MOWBRAY, LE14 4BZ - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 SCHOOL LANE is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £245,000 in December 2013, which was around 1% above the average December 2013 detached price in the Melton local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

10 SCHOOL LANE Sold Prices

Land registry data shows four sales for 10 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 10 SCHOOL LANE sales were for above 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
2013 13 DEC	£245,000	£242,708	1% above HPI
2011 4 FEB	£250,000	£229,705	9% above HPI
2009 11 DEC	£250,000	£224,100	12% above HPI
2002 8 FEB	£192,000	£139,360	38% above HPI

10 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 10 SCHOOL LANE sales between February 2002 and December 2013 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 February 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2013 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 10 SCHOOL LANE?

10 SCHOOL LANE is 101m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 10 SCHOOL LANE lies on this distribution: 27% of detached houses are smaller than 10 SCHOOL LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Harby.

10 SCHOOL LANE: Plot and Title Map

10 SCHOOL LANE sits on a plot of roughly 0.232 of an acre, or 940m². 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 HARBY, in the LE14 postcode district. The below map shows the position of No. 10 on SCHOOL LANE.