16, STELLE WAY, GLENFIELD, LEICESTER, LE3 8HN - £490,000

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.

16 STELLE WAY is a very large detached house of 191m², built sometime between 1996 and 2002, which could now be worth an estimated £612,825. It was last sold for £490,000 in March 2019, which was around 57% above the average March 2019 detached price in the Blaby local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

16 STELLE WAY Sold Prices

Land registry data shows three sales for 16 STELLE 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 16 STELLE WAY 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
2019 8 MAR	£490,000	£312,037	57% above HPI
2003 24 OCT	£325,000	£183,252	77% above HPI
2000 17 NOV	£236,000	£108,492	118% above HPI

16 STELLE 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 16 STELLE WAY sales between November 2000 and March 2019 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 2003 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the March 2019 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 16 STELLE WAY be worth now?

16 STELLE WAY might now be worth an estimated £612,825.

This is based on house price inflation of 25.1%, between March 2019 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 25.1% inflationary increase is applied to the most recent sale price for 16 STELLE WAY of £490,000 on 8th March 2019. For the value to have increased from £490,000 to £612,825 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 16 STELLE WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The March 2019 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 16 STELLE WAY has not materially changed since March 2019.

How Large is 16 STELLE WAY?

16 STELLE WAY is 191m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 16 STELLE WAY lies on this distribution: 91% of detached houses houses are smaller than 16 STELLE WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 STELLE WAY: Plot and Title Map

16 STELLE WAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 16 STELLE 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 16 STELLE 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 16 STELLE WAY?

16 STELLE WAY is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 16 on STELLE WAY.