31, SCHOOL LANE, LUBENHAM, MARKET HARBOROUGH, LE16 9TW - £195,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 SCHOOL LANE is a very small extended semi-detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £346,448. It was last sold for £195,500 in January 2014, which was around 15% above the average January 2014 semi-detached price in the Harborough local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

31 SCHOOL LANE Sold Prices

Land registry data shows two sales for 31 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. Both of the two 31 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
2014 20 JAN	£195,500	£170,735	15% above HPI
2001 14 FEB	£99,950	£76,149	31% above HPI

31 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The two 31 SCHOOL LANE sales from February 2001 and January 2014 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 February 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 31 SCHOOL LANE be worth now?

31 SCHOOL LANE might now be worth an estimated £346,448.

This is based on house price inflation of 77.2%, between January 2014 and May 2026, for semi-detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.2% inflationary increase is applied to the most recent sale price for 31 SCHOOL LANE of £195,500 on 20th January 2014. For the value to have increased from £195,500 to £346,448 over the eleven years and eight months to May 2026, the following assumptions must hold true:

• The value of 31 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The January 2014 sale price of £195,500 represented a fair market value for the property.
• The size, condition, and specification of 31 SCHOOL LANE has not materially changed since January 2014.

How Large is 31 SCHOOL LANE?

31 SCHOOL LANE is 75m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Lubenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lubenham, and where 31 SCHOOL LANE lies on this distribution: 3% of semi-detached houses houses are smaller than 31 SCHOOL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

31 SCHOOL LANE: Plot and Title Map

31 SCHOOL LANE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 31 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 31 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 31 SCHOOL LANE?

31 SCHOOL LANE is located in LUBENHAM, in the LE16 postcode district. The below map shows the position of No. 31 on SCHOOL LANE.