40, SONNING WAY, GLEN PARVA, LEICESTER, LE2 9RU - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 SONNING WAY is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2022, which was around 19% below the average September 2022 detached price in the Blaby local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

40 SONNING WAY Sold Prices

Land registry data shows three sales for 40 SONNING 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 40 SONNING 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
2022 30 SEP	£325,000	£400,944	19% below HPI
2014 21 MAR	£155,000	£233,382	34% below HPI
2005 8 AUG	£152,000	£212,718	29% below HPI

40 SONNING 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 40 SONNING WAY sales between August 2005 and September 2022 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 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 SONNING WAY?

40 SONNING WAY is 95m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 40 SONNING WAY lies on this distribution: 29% of detached houses are smaller than 40 SONNING WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Leicester.

40 SONNING WAY: Plot and Title Map

40 SONNING WAY sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 40 SONNING 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 40 SONNING 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 40 SONNING WAY?

40 SONNING WAY is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 40 on SONNING WAY.