Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 SCHOOL LANE is a midsized extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £311,000 in September 2016, which was around 39% above the average September 2016 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 SCHOOL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. The three 5 SCHOOL LANE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2016 7 SEP | £311,000 | £223,830 | 39% above HPI |
2005 25 JUL | £190,000 | £190,895 | Close to HPI |
1998 8 MAY | £82,750 | £75,983 | 9% above HPI |
The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The three 5 SCHOOL LANE sales between May 1998 and September 2016 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 July 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
5 SCHOOL LANE is 121m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Marsh Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Marsh Lane, and where 5 SCHOOL LANE lies on this distribution: 47% of detached houses are smaller than 5 SCHOOL LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Marsh Lane.
5 SCHOOL LANE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 5 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 5 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.
5 SCHOOL LANE is located in MARSH LANE, in the S21 postcode district. The below map shows the position of No. 5 on SCHOOL LANE.