3, HERON WAY, SYSTON, LEICESTER, LE7 1ZJ - £174,000

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 small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £174,000 in October 2009, which was around 25% below the average October 2009 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

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 Charnwood local authority area for the corresponding sale date. All of the four 3 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
2009 16 OCT	£174,000	£232,986	25% below HPI
2005 18 NOV	£174,500	£234,580	26% below HPI
2002 19 JUL	£125,000	£160,117	22% below HPI
1997 12 SEP	£71,500	£90,900	21% below HPI

3 HERON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 3 HERON WAY sales between September 1997 and October 2009 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 November 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2009 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 HERON WAY?

3 HERON WAY is 103m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 3 HERON WAY lies on this distribution: 38% of detached houses are smaller than 3 HERON WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Syston.

3 HERON WAY: Plot and Title Map

3 HERON WAY sits on a plot of roughly 0.063 of an acre, or 256m². 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 SYSTON, in the LE7 postcode district. The below map shows the position of No. 3 on HERON WAY.