18, SCHOOL LANE, WHITWICK, COALVILLE, LE67 5HE - £281,000

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

18 SCHOOL LANE is a very large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £281,000 in August 2023, which was around 20% below the average August 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

18 SCHOOL LANE Sold Prices

Land registry data shows four sales for 18 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 North West Leicestershire local authority area for the corresponding sale date. All of the four 18 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
2023 14 AUG	£281,000	£349,658	20% below HPI
2015 28 MAY	£163,000	£234,640	31% below HPI
2014 31 JAN	£147,000	£218,736	33% below HPI
2000 15 DEC	£50,000	£103,104	52% below HPI

18 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 18 SCHOOL LANE sales between December 2000 and August 2023 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 SCHOOL LANE?

18 SCHOOL LANE is 135m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses in Whitwick, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwick, and where 18 SCHOOL LANE lies on this distribution: 86% of detached houses are smaller than 18 SCHOOL LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Whitwick.

18 SCHOOL LANE: Plot and Title Map

18 SCHOOL LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 18 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 18 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 18 SCHOOL LANE?

18 SCHOOL LANE is located in WHITWICK, in the LE67 postcode district. The below map shows the position of No. 18 on SCHOOL LANE.