16, THE FLEET, STONEY STANTON, LEICESTER, LE9 4DY - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 THE FLEET is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £315,000 in October 2023, which was around 21% below the average October 2023 detached price in the Blaby local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

16 THE FLEET Sold Prices

Land registry data shows three sales for 16 THE FLEET 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 THE FLEET 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
2023 23 OCT	£315,000	£397,439	21% below HPI
2020 25 MAR	£247,500	£322,925	23% below HPI
2007 24 AUG	£177,000	£238,745	26% below HPI

16 THE FLEET 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 THE FLEET sales between August 2007 and October 2023 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 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 THE FLEET?

16 THE FLEET is 74m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Stoney Stanton, based on EPC data. The below chart shows the distribution of detached houses by size in Stoney Stanton, and where 16 THE FLEET lies on this distribution: 10% of detached houses are smaller than 16 THE FLEET, and 89% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

16 THE FLEET: Plot and Title Map

16 THE FLEET sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 16 THE FLEET, 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 THE FLEET). 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 THE FLEET?

16 THE FLEET is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 16 on THE FLEET.