23, HERON WAY, MICKLEOVER, DERBY, DE3 9XA - £202,800

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.

23 HERON WAY is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £305,995. It was last sold for £202,800 in July 2015, which was around 4% below the average July 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

23 HERON WAY Sold Prices

Land registry data shows four sales for 23 HERON 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 City of Derby local authority area for the corresponding sale date. All of the four 23 HERON 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
2015 31 JUL	£202,800	£210,563	4% below HPI
2008 20 MAR	£188,000	£202,673	7% below HPI
2000 29 SEP	£82,500	£86,125	4% below HPI
1997 25 APR	£64,000	£64,778	1% below HPI

23 HERON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 23 HERON WAY sales between April 1997 and July 2015 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 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 23 HERON WAY be worth now?

23 HERON WAY might now be worth an estimated £305,995.

This is based on house price inflation of 50.9%, between July 2015 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.9% inflationary increase is applied to the most recent sale price for 23 HERON WAY of £202,800 on 31st July 2015. For the value to have increased from £202,800 to £305,995 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 23 HERON WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2015 sale price of £202,800 represented a fair market value for the property.
• The size, condition, and specification of 23 HERON WAY has not materially changed since July 2015.

How Large is 23 HERON WAY?

23 HERON WAY is 62m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 23 HERON WAY lies on this distribution: 6% of detached houses houses are smaller than 23 HERON WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 HERON WAY: Plot and Title Map

23 HERON WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 23 HERON 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 23 HERON 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 23 HERON WAY?

23 HERON WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 23 on HERON WAY.