12, SCHOOL LANE, SHARNFORD, HINCKLEY, LE10 3PU - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SCHOOL LANE is a very large detached house of 171m², built sometime between 1900 and 1929, which could now be worth an estimated £383,119. It was last sold for £245,000 in July 2015, which was around 2% below the average July 2015 detached price in the Blaby local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

12 SCHOOL LANE Sold Prices

Land registry data shows three sales for 12 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 12 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
2015 10 JUL	£245,000	£249,562	2% below HPI
2009 25 FEB	£195,000	£199,153	2% below HPI
2004 10 SEP	£189,950	£216,225	12% below HPI

12 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 12 SCHOOL LANE sales between September 2004 and July 2015 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 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2015 sale, which was also at 2% below the HPI.

What might 12 SCHOOL LANE be worth now?

12 SCHOOL LANE might now be worth an estimated £383,119.

This is based on house price inflation of 56.4%, between July 2015 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.4% inflationary increase is applied to the most recent sale price for 12 SCHOOL LANE of £245,000 on 10th July 2015. For the value to have increased from £245,000 to £383,119 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 12 SCHOOL LANE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SCHOOL LANE has not materially changed since July 2015.

How Large is 12 SCHOOL LANE?

12 SCHOOL LANE is 171m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Sharnford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sharnford, and where 12 SCHOOL LANE lies on this distribution: 85% of detached houses houses are smaller than 12 SCHOOL LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Sharnford.

12 SCHOOL LANE: Plot and Title Map

12 SCHOOL LANE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 12 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 12 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 12 SCHOOL LANE?

12 SCHOOL LANE is located in SHARNFORD, in the LE10 postcode district. The below map shows the position of No. 12 on SCHOOL LANE.