44, SCHOOL LANE, NEWBOLD COLEORTON, COALVILLE, LE67 8PF - £375,000

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

44 SCHOOL LANE is a small extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £375,000 in July 2022, which was around 8% above the average July 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was D.

44 SCHOOL LANE Sold Prices

Land registry data shows two sales for 44 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. One of the two 44 SCHOOL LANE sales was for above the average price, whilst the other was 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
2022 1 JUL	£375,000	£346,548	8% above HPI
1996 27 SEP	£64,500	£73,841	13% below HPI

44 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 44 SCHOOL LANE sales from September 1996 and July 2022 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 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 44 SCHOOL LANE?

44 SCHOOL LANE is 126m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold, and where 44 SCHOOL LANE lies on this distribution: 38% of detached houses are smaller than 44 SCHOOL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Newbold.

44 SCHOOL LANE: Plot and Title Map

44 SCHOOL LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 44 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 44 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 44 SCHOOL LANE?

44 SCHOOL LANE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 44 on SCHOOL LANE.