15, SCHOOL LANE, HARBY, MELTON MOWBRAY, LE14 4BZ - £287,500

15 SCHOOL LANE is a very small extended detached house of 65m², built sometime before 1900. It was last sold for £287,500 in July 2017, which was around 1% below the average July 2017 detached price in the Melton local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

15 SCHOOL LANE Sold Prices

Land registry data shows six sales for 15 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the six 15 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
2017 28 JUL	£287,500	£291,157	1% below HPI
2016 24 MAR	£265,000	£270,185	2% below HPI
2006 29 SEP	£228,000	£222,170	3% above HPI
2004 30 APR	£229,950	£204,499	12% above HPI
2003 11 APR	£185,000	£170,086	9% above HPI
2000 10 MAR	£129,950	£107,368	21% above HPI

15 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 six 15 SCHOOL LANE sales between March 2000 and July 2017 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 March 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 15 SCHOOL LANE?

15 SCHOOL LANE is 65m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 15 SCHOOL LANE lies on this distribution: 5% of detached houses are smaller than 15 SCHOOL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Harby.

15 SCHOOL LANE: Plot and Title Map

15 SCHOOL LANE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 15 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 15 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 15 SCHOOL LANE?

15 SCHOOL LANE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 15 on SCHOOL LANE.