25, VERNON WAY, STONEY STANTON, LEICESTER, LE9 4AP - £242,500

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.

25 VERNON WAY is a very small detached house of 77m², which could now be worth an estimated £302,105. It was last sold for £242,500 in December 2019, which was around 23% below the average December 2019 detached price in the Blaby local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

25 VERNON WAY Sold Prices

Land registry data shows two sales for 25 VERNON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 25 VERNON 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
2019 13 DEC	£242,500	£313,257	23% below HPI
2018 29 MAR	£242,950	£303,081	20% below HPI

25 VERNON 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 two 25 VERNON WAY sales from March 2018 and December 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 March 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 25 VERNON WAY be worth now?

25 VERNON WAY might now be worth an estimated £302,105.

This is based on house price inflation of 24.6%, between December 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 24.6% inflationary increase is applied to the most recent sale price for 25 VERNON WAY of £242,500 on 13th December 2019. For the value to have increased from £242,500 to £302,105 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 25 VERNON WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2019 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 25 VERNON WAY has not materially changed since December 2019.

How Large is 25 VERNON WAY?

25 VERNON WAY is 77m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Stoney Stanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoney Stanton, and where 25 VERNON WAY lies on this distribution: 12% of detached houses houses are smaller than 25 VERNON WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

25 VERNON WAY: Plot and Title Map

25 VERNON WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 25 VERNON 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 25 VERNON 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 25 VERNON WAY?

25 VERNON WAY is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 25 on VERNON WAY.