21A, SCHOOL LANE, NEWBOLD COLEORTON, COALVILLE, LE67 8PF - £306,000

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

21A SCHOOL LANE is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £306,000 in September 2019, which was around 4% above the average September 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

21A SCHOOL LANE Sold Prices

Land registry data shows two sales for 21A 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 21A 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 12 SEP	£306,000	£292,851	4% above HPI
2016 24 JUN	£260,000	£249,266	4% above HPI

21A 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 21A SCHOOL LANE sales from June 2016 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 June 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2019 sale, which was also at 4% above the HPI.

How Large is 21A SCHOOL LANE?

21A SCHOOL LANE is 86m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold, and where 21A SCHOOL LANE lies on this distribution: 16% of detached houses are smaller than 21A SCHOOL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newbold.

21A SCHOOL LANE: Plot and Title Map

21A SCHOOL LANE sits on a plot of roughly 0.153 of an acre, or 617m². The below map shows the location of 21A 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 21A 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 21A SCHOOL LANE?

21A SCHOOL LANE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 21A on SCHOOL LANE.