24, FRANCIS LANE, NEWTON BURGOLAND, COALVILLE, LE67 2SD - £270,000

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

24 FRANCIS LANE is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £270,000 in May 2018, which was around 2% below the average May 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was F, and the potential energy rating was A.

24 FRANCIS LANE Sold Prices

Land registry data shows three sales for 24 FRANCIS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 24 FRANCIS 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
2018 30 MAY	£270,000	£275,379	2% below HPI
2010 1 MAR	£202,500	£210,296	4% below HPI
2003 11 AUG	£175,000	£178,801	2% below HPI

24 FRANCIS 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 three 24 FRANCIS LANE sales between August 2003 and May 2018 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 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 24 FRANCIS LANE?

24 FRANCIS LANE is 88m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% 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 24 FRANCIS LANE lies on this distribution: 13% of detached houses are smaller than 24 FRANCIS LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newton Burgoland.

24 FRANCIS LANE: Plot and Title Map

24 FRANCIS LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 24 FRANCIS 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 24 FRANCIS 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 24 FRANCIS LANE?

24 FRANCIS LANE is located in NEWTON BURGOLAND, in the LE67 postcode district. The below map shows the position of No. 24 on FRANCIS LANE.