5, SCHOOL LANE, NEWBOLD COLEORTON, COALVILLE, LE67 8PF - £565,000

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 159m², built sometime between 1930 and 1949. It was last sold for £565,000 in September 2020, which was around 88% above the average September 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was D.

5 SCHOOL LANE Sold Prices

Land registry data shows two sales for 5 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. Both of the two 5 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
2020 18 SEP	£565,000	£300,379	88% above HPI
2013 9 OCT	£247,500	£213,861	16% above HPI

5 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 5 SCHOOL LANE sales from October 2013 and September 2020 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 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2020 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 5 SCHOOL LANE?

5 SCHOOL LANE is 159m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold, and where 5 SCHOOL LANE lies on this distribution: 44% of detached houses are smaller than 5 SCHOOL LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Newbold.

5 SCHOOL LANE: Plot and Title Map

5 SCHOOL LANE sits on a plot of roughly 0.238 of an acre, or 963m². 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.

Where is 5 SCHOOL LANE?

5 SCHOOL LANE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 5 on SCHOOL LANE.