24, SCHOOL LANE, NEWBOLD COLEORTON, COALVILLE, LE67 8PF - £146,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 SCHOOL LANE is a very small extended semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £264,988. It was last sold for £146,000 in September 2012, which was around 8% above the average September 2012 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

24 SCHOOL LANE Sold Prices

Land registry data shows three sales for 24 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 24 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
2012 28 SEP	£146,000	£135,064	8% above HPI
2009 24 SEP	£145,000	£130,989	11% above HPI
2003 30 MAY	£114,950	£103,264	11% above HPI

24 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 24 SCHOOL LANE sales between May 2003 and September 2012 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 September 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2012 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 24 SCHOOL LANE be worth now?

24 SCHOOL LANE might now be worth an estimated £264,988.

This is based on house price inflation of 81.5%, between September 2012 and February 2025, for semi-detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.5% inflationary increase is applied to the most recent sale price for 24 SCHOOL LANE of £146,000 on 28th September 2012. For the value to have increased from £146,000 to £264,988 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The September 2012 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SCHOOL LANE has not materially changed since September 2012.

How Large is 24 SCHOOL LANE?

24 SCHOOL LANE is 80m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of semi-detached houses houses in Newbold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newbold, and where 24 SCHOOL LANE lies on this distribution: 15% of semi-detached houses houses are smaller than 24 SCHOOL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newbold.

24 SCHOOL LANE: Plot and Title Map

24 SCHOOL LANE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 24 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 24 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 24 SCHOOL LANE?

24 SCHOOL LANE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 24 on SCHOOL LANE.