4, HERON WAY, BENWICK, MARCH, PE15 0UA - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 HERON WAY is a very small detached house of 90m², built sometime from 2007 onwards, which could now be worth an estimated £288,630. It was last sold for £260,000 in September 2021, which was around 8% below the average September 2021 detached price in the Fenland local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

4 HERON WAY Sold Prices

Land registry data shows four sales for 4 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 Fenland local authority area for the corresponding sale date. All of the four 4 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
2021 27 SEP	£260,000	£283,552	8% below HPI
2015 14 AUG	£182,500	£206,245	12% below HPI
2012 16 NOV	£142,000	£169,967	16% below HPI
2008 20 JUN	£185,995	£195,008	5% below HPI

4 HERON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The four 4 HERON WAY sales between June 2008 and September 2021 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 August 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 HERON WAY be worth now?

4 HERON WAY might now be worth an estimated £288,630.

This is based on house price inflation of 11%, between September 2021 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11% inflationary increase is applied to the most recent sale price for 4 HERON WAY of £260,000 on 27th September 2021. For the value to have increased from £260,000 to £288,630 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 HERON WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HERON WAY has not materially changed since September 2021.

How Large is 4 HERON WAY?

4 HERON WAY is 90m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses houses in Benwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Benwick, and where 4 HERON WAY lies on this distribution: 20% of detached houses houses are smaller than 4 HERON WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Benwick.

4 HERON WAY: Plot and Title Map

4 HERON WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 4 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 4 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 4 HERON WAY?

4 HERON WAY is located in BENWICK, in the PE15 postcode district. The below map shows the position of No. 4 on HERON WAY.