15, IONA WAY, COUNTESTHORPE, LEICESTER, LE8 5WW - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 IONA WAY is a very small extended detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £259,028. It was last sold for £260,000 in December 2024, which was around 34% below the average December 2024 detached price in the Blaby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

15 IONA WAY Sold Prices

Land registry data shows three sales for 15 IONA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 15 IONA WAY sales were for below 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
2024 18 DEC	£260,000	£391,717	34% below HPI
2009 5 JUN	£155,000	£200,040	23% below HPI
2006 17 NOV	£169,000	£224,568	25% below HPI

15 IONA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 15 IONA WAY sales between November 2006 and December 2024 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 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 IONA WAY be worth now?

15 IONA WAY might now be worth an estimated £259,028.

This is based on house price deflation of 0.4%, between December 2024 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% deflationary decrease is applied to the most recent sale price for 15 IONA WAY of £260,000 on 18th December 2024. For the value to have decreased from £260,000 to £259,028 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 15 IONA WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2024 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 15 IONA WAY has not materially changed since December 2024.

How Large is 15 IONA WAY?

15 IONA WAY is 82m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Countesthorpe, and where 15 IONA WAY lies on this distribution: 13% of detached houses houses are smaller than 15 IONA WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

15 IONA WAY: Plot and Title Map

15 IONA WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 15 IONA WAY, 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 IONA WAY). 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 IONA WAY?

15 IONA WAY is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 15 on IONA WAY.