27, SCHOOL LANE, CLAYPOLE, NEWARK, NG23 5BQ - £355,000

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

27 SCHOOL LANE is a very large extended detached house of 208m², built sometime before 1900. It was last sold for £355,000 in August 2014, which was around 53% above the average August 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was D.

27 SCHOOL LANE Sold Prices

Land registry data shows two sales for 27 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 South Kesteven local authority area for the corresponding sale date. Both of the two 27 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
2014 29 AUG	£355,000	£231,772	53% above HPI
2007 19 OCT	£337,500	£247,133	37% above HPI

27 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 27 SCHOOL LANE sales from October 2007 and August 2014 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 October 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2014 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 27 SCHOOL LANE?

27 SCHOOL LANE is 208m², which includes four extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 27 SCHOOL LANE lies on this distribution: 93% of detached houses are smaller than 27 SCHOOL LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Claypole.

27 SCHOOL LANE: Plot and Title Map

27 SCHOOL LANE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 27 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 27 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 27 SCHOOL LANE?

27 SCHOOL LANE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 27 on SCHOOL LANE.