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
19 SCHOOL LANE is a midsized extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £600,000 in April 2022, which was around 80% above the average April 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 19 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 North West Leicestershire local authority area for the corresponding sale date. Both of the two 19 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 |
---|---|---|---|
2022 29 APR | £600,000 | £333,687 | 80% above HPI |
2012 30 MAR | £290,000 | £208,709 | 39% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 19 SCHOOL LANE sales from March 2012 and April 2022 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 March 2012 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2022 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.
19 SCHOOL LANE is 193m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold, and where 19 SCHOOL LANE lies on this distribution: 56% of detached houses are smaller than 19 SCHOOL LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Newbold.
19 SCHOOL LANE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 19 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 19 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.
19 SCHOOL LANE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 19 on SCHOOL LANE.