16, SCHOOL LANE, BELTON, LOUGHBOROUGH, LE12 9TU - £221,000

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.

16 SCHOOL LANE is a very small semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £265,862. It was last sold for £221,000 in April 2021, which was around 8% above the average April 2021 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

16 SCHOOL LANE Sold Prices

Land registry data shows two sales for 16 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. One of the two 16 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 22 APR	£221,000	£203,774	8% above HPI
2003 27 JUN	£105,000	£107,383	2% below HPI

16 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 16 SCHOOL LANE sales from June 2003 and April 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 June 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 SCHOOL LANE be worth now?

16 SCHOOL LANE might now be worth an estimated £265,862.

This is based on house price inflation of 20.3%, between April 2021 and February 2025, for semi-detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.3% inflationary increase is applied to the most recent sale price for 16 SCHOOL LANE of £221,000 on 22nd April 2021. For the value to have increased from £221,000 to £265,862 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 16 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The April 2021 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SCHOOL LANE has not materially changed since April 2021.

How Large is 16 SCHOOL LANE?

16 SCHOOL LANE is 80m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Belton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Belton, and where 16 SCHOOL LANE lies on this distribution: 2% of semi-detached houses houses are smaller than 16 SCHOOL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Belton.

16 SCHOOL LANE: Plot and Title Map

16 SCHOOL LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 16 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 16 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 16 SCHOOL LANE?

16 SCHOOL LANE is located in BELTON, in the LE12 postcode district. The below map shows the position of No. 16 on SCHOOL LANE.