25, SCHOOL LANE, HARBY, MELTON MOWBRAY, LE14 4BZ - £595,000

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

25 SCHOOL LANE is a very large extended detached house of 188m², built sometime between 1991 and 1995. It was last sold for £595,000 in September 2023, which was around 59% above the average September 2023 detached price in the Melton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

25 SCHOOL LANE Sold Prices

Land registry data shows three sales for 25 SCHOOL 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 Melton local authority area for the corresponding sale date. All of the three 25 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
2023 15 SEP	£595,000	£374,574	59% above HPI
2021 25 FEB	£410,000	£338,788	21% above HPI
2005 21 OCT	£290,000	£227,144	28% above HPI

25 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 25 SCHOOL LANE sales between October 2005 and September 2023 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 February 2021 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2023 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 25 SCHOOL LANE?

25 SCHOOL LANE is 188m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 25 SCHOOL LANE lies on this distribution: 84% of detached houses are smaller than 25 SCHOOL LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Harby.

25 SCHOOL LANE: Plot and Title Map

25 SCHOOL LANE sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of 25 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 25 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 25 SCHOOL LANE?

25 SCHOOL LANE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 25 on SCHOOL LANE.