Ahoy, Trevor
Your post had me (almost) nostalgic for my Storm Petrel sailing days. I concur with Tony's comments - Faering types are remarkably seaworthy in many respects, and you will be pleasantly surprised how well she more than copes with a seaway. So don't worry about waves. However, in general terms tippy is the word, especially when single-handed, which makes sailing an energetic business.
I water-ballasted, H2O (can't do that properly on my keyboard) being heavy stuff. I used square but squashy 15 litre camping water containers (could be flattened a bit when empty), which I filled after launching, using a watering can with about a foot of hose on the spout (for efficient 'aiming': NB dipping non-rigid containers under the surface does NOT work! - perversely virtually no water goes in). I used either two or four depending on wind strength etc, stashed either side of the daggerboard case. Four would be 60 litres = 60 kilos about as low in the hull as one could get them. It made a LOT of difference, and I wasn't aware of much loss of performance, which in any case was fully compensated for by sailing with less frantic leaping to and fro to keep the lee rail out of the drink. I don't know whether that would be enough for your S15? - which is that bit bigger than my SP14 was.
The trouble with lead is that you have to lug it around, as Tony indicates. The advantage of water is that you don't need to take it with you, it's already there, and then you leave it behind when you come home. Why not have a go with water to give you an idea of what sort of weight and where would help. There are lots of different shapes and sizes of water containers. Then you'd know about how much lead you would need to nick off a roof somewhere (only joking, I'm sure you're a law abiding citizen). Lead would go that bit lower still in the boat, but whether significantly I don't know.
Hope that helps. Yes, do let us know how you get on!
Michael