HEATHERSTONE, STATION ROAD, ELMESTHORPE, LEICESTER, LE9 7SG - £480,000

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

HEATHERSTONE is a midsized detached house of 132m², built sometime between 1967 and 1975. It was last sold for £480,000 in April 2021, which was around 42% above the average April 2021 detached price in the Blaby local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

HEATHERSTONE Sold Prices

Land registry data shows three sales for HEATHERSTONE 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. Two of the three HEATHERSTONE sales were for above the average price, whilst one was 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
2021 30 APR	£480,000	£338,984	42% above HPI
1999 29 OCT	£120,000	£97,994	22% above HPI
1999 23 APR	£60,000	£91,596	34% below HPI

HEATHERSTONE 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 HEATHERSTONE sales between April 1999 and April 2021 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 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is HEATHERSTONE?

HEATHERSTONE is 132m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in Elmesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Elmesthorpe, and where HEATHERSTONE lies on this distribution: 45% of detached houses are smaller than HEATHERSTONE, and 55% of houses are larger. Note that EPC data is not available for all properties in Elmesthorpe.

HEATHERSTONE: Plot and Title Map

HEATHERSTONE sits on a plot of roughly 0.331 of an acre, or 1,341m². The below map shows the location of HEATHERSTONE, 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 HEATHERSTONE). 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 HEATHERSTONE?

HEATHERSTONE is located on STATION ROAD in ELMESTHORPE, in the LE9 postcode district. The below map shows the position of HEATHERSTONE on STATION ROAD.