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
13A SCHOOL LANE is a large extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £332,500 in October 2014, which was around 29% above the average October 2014 detached price in the Melton local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 13A SCHOOL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 13A 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 |
---|---|---|---|
2014 10 OCT | £332,500 | £258,222 | 29% above HPI |
1999 30 APR | £110,000 | £93,120 | 18% above HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 13A SCHOOL LANE sales from April 1999 and October 2014 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 April 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
13A SCHOOL LANE is 153m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses by size in Scalford, and where 13A SCHOOL LANE lies on this distribution: 71% of detached houses are smaller than 13A SCHOOL LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Scalford.
13A SCHOOL LANE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 13A 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 13A 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.
13A SCHOOL LANE is located in SCALFORD, in the LE14 postcode district. The below map shows the position of No. 13A on SCHOOL LANE.