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
46 SCHOOL LANE is a small extended semi-detached house of 106m², built sometime before 1900. It was last sold for £352,600 in October 2018, which was around 24% above the average October 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 46 SCHOOL LANE since 1st 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. Both of the two 46 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 |
---|---|---|---|
2018 25 OCT | £352,600 | £285,000 | 24% above HPI |
2003 19 DEC | £220,000 | £186,447 | 18% above HPI |
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 46 SCHOOL LANE sales from December 2003 and October 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 December 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
46 SCHOOL LANE is 106m², which includes two extensions, according to the EPC inspection conducted in April 2018. 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 46 SCHOOL LANE lies on this distribution: 33% of detached houses are smaller than 46 SCHOOL LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newbold.
46 SCHOOL LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 46 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 46 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.
46 SCHOOL LANE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 46 on SCHOOL LANE.