11, SCHOOL LANE, HARBY, MELTON MOWBRAY, LE14 4BZ - £313,500

11 SCHOOL LANE is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £313,500 in April 2021, which was around 6% below the average April 2021 detached price in the Melton local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

11 SCHOOL LANE Sold Prices

Land registry data shows three sales for 11 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Two of the three 11 SCHOOL LANE sales were for below the average price, whilst one was 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
2021 1 APR	£313,500	£335,271	6% below HPI
2011 1 JUN	£195,000	£222,137	12% below HPI
1995 6 NOV	£84,000	£77,314	9% above HPI

11 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 11 SCHOOL LANE sales between November 1995 and April 2021 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 June 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 11 SCHOOL LANE?

11 SCHOOL LANE is 97m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 11 SCHOOL LANE lies on this distribution: 25% of detached houses are smaller than 11 SCHOOL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Harby.

11 SCHOOL LANE: Plot and Title Map

11 SCHOOL LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 11 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 11 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 11 SCHOOL LANE?

11 SCHOOL LANE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 11 on SCHOOL LANE.