3, VERNON WAY, STONEY STANTON, LEICESTER, LE9 4AP - £260,000

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

3 VERNON WAY is a very small detached house of 83m². It was last sold for £260,000 in September 2020, which was around 23% below the average September 2020 detached price in the Blaby local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

3 VERNON WAY Sold Prices

Land registry data shows two sales for 3 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 3 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
2020 25 SEP	£260,000	£336,887	23% below HPI
2017 18 DEC	£254,950	£301,911	16% below HPI

3 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 3 VERNON WAY sales from December 2017 and September 2020 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 December 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 VERNON WAY?

3 VERNON WAY is 83m² according to the EPC inspection conducted in August 2017. 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 3 VERNON WAY lies on this distribution: 19% of detached houses are smaller than 3 VERNON WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

3 VERNON WAY: Plot and Title Map

3 VERNON WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 3 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 3 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 3 VERNON WAY?

3 VERNON WAY is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 3 on VERNON WAY.