18, HERITAGE WAY, HAMILTON, LEICESTER, LE5 1QF - £180,050

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 HERITAGE WAY is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £180,050 in July 2016, which was around 31% below the average July 2016 detached price in the Leicester local authority area. The most recent EPC inspection was November 2015, where the current energy rating was F, and the potential energy rating was B.

18 HERITAGE WAY Sold Prices

Land registry data shows four sales for 18 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 18 HERITAGE 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
2016 29 JUL	£180,050	£259,129	31% below HPI
2016 13 JUN	£180,000	£256,710	30% below HPI
2003 10 JUL	£136,500	£167,159	18% below HPI
2002 31 OCT	£132,450	£143,036	7% below HPI

18 HERITAGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The four 18 HERITAGE WAY sales between October 2002 and July 2016 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 June 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 18 HERITAGE WAY?

18 HERITAGE WAY is 64m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 18 HERITAGE WAY lies on this distribution: 4% of detached houses are smaller than 18 HERITAGE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Leicester.

18 HERITAGE WAY: Plot and Title Map

18 HERITAGE WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 18 HERITAGE 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 18 HERITAGE 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 18 HERITAGE WAY?

18 HERITAGE WAY is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 18 on HERITAGE WAY.