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

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.

HEATHERSTONE is a midsized detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £559,903. It was last sold for £480,000 in April 2021, which was around 44% 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	£332,221	44% above HPI
1999 29 OCT	£120,000	£96,039	25% above HPI
1999 23 APR	£60,000	£89,768	33% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2021 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might HEATHERSTONE be worth now?

HEATHERSTONE might now be worth an estimated £559,903.

This is based on house price inflation of 16.6%, between April 2021 and March 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 16.6% inflationary increase is applied to the most recent sale price for HEATHERSTONE of £480,000 on 30th April 2021. For the value to have increased from £480,000 to £559,903 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of HEATHERSTONE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The April 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHERSTONE has not materially changed since April 2021.

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 houses in Elmesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmesthorpe, and where HEATHERSTONE lies on this distribution: 46% of detached houses houses are smaller than HEATHERSTONE, and 54% 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.