2, SCHOOL LANE, NEWTON BURGOLAND, COALVILLE, LE67 2SL - £560,000

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

2 SCHOOL LANE is a very large extended detached house of 227m², built sometime before 1900. It was last sold for £560,000 in September 2019, which was around 91% above the average September 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was G, and the potential energy rating was D.

2 SCHOOL LANE Sold Prices

Land registry data shows two sales for 2 SCHOOL LANE since 1^st 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 2 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
2019 3 SEP	£560,000	£292,851	91% above HPI
1996 5 JAN	£177,500	£69,544	155% above HPI

2 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 two 2 SCHOOL LANE sales from January 1996 and September 2019 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 January 1996 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the September 2019 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 2 SCHOOL LANE?

2 SCHOOL LANE is 227m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Newton Burgoland, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Burgoland, and where 2 SCHOOL LANE lies on this distribution: 96% of detached houses are smaller than 2 SCHOOL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Newton Burgoland.

2 SCHOOL LANE: Plot and Title Map

2 SCHOOL LANE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 2 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 2 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 2 SCHOOL LANE?

2 SCHOOL LANE is located in NEWTON BURGOLAND, in the LE67 postcode district. The below map shows the position of No. 2 on SCHOOL LANE.