3, HERON WAY, HICKLING, NORWICH, NR12 0YQ - £302,500

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

3 HERON WAY is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £302,500 in November 2020, which was around 22% below the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

3 HERON WAY Sold Prices

Land registry data shows four sales for 3 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 North Norfolk local authority area for the corresponding sale date. Two of the four 3 HERON WAY sales were for below the average price, whilst one was for above 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
2020 11 NOV	£302,500	£385,383	22% below HPI
2012 21 SEP	£219,950	£231,019	5% below HPI
2008 8 APR	£244,000	£244,781	Close to HPI
2002 25 JAN	£161,000	£135,852	19% above HPI

3 HERON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 3 HERON WAY sales between January 2002 and November 2020 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 September 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 HERON WAY?

3 HERON WAY is 83m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where 3 HERON WAY lies on this distribution: 16% of detached houses are smaller than 3 HERON WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Hickling.

3 HERON WAY: Plot and Title Map

3 HERON WAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 3 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 3 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 3 HERON WAY?

3 HERON WAY is located in HICKLING, in the NR12 postcode district. The below map shows the position of No. 3 on HERON WAY.