4, HERON WAY, MANSFIELD, NG19 6EQ - £177,500

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 large detached house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £288,223. It was last sold for £177,500 in May 2008, which was around 8% above the average May 2008 detached price in the Mansfield local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

4 HERON WAY Sold Prices

Land registry data shows three sales for 4 HERON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 4 HERON WAY sales were 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
2008 23 MAY	£177,500	£163,785	8% above HPI
2007 1 NOV	£195,000	£169,442	15% above HPI
2004 18 JUN	£195,495	£132,720	47% above HPI

4 HERON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 4 HERON WAY sales between June 2004 and May 2008 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 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2008 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 HERON WAY be worth now?

4 HERON WAY might now be worth an estimated £288,223.

This is based on house price inflation of 62.4%, between May 2008 and December 2024, for detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.4% inflationary increase is applied to the most recent sale price for 4 HERON WAY of £177,500 on 23rd May 2008. For the value to have increased from £177,500 to £288,223 over the fifteen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 HERON WAY has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The May 2008 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HERON WAY has not materially changed since May 2008.

How Large is 4 HERON WAY?

4 HERON WAY is 132m² according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 4 HERON WAY lies on this distribution: 72% of detached houses houses are smaller than 4 HERON WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

4 HERON WAY: Plot and Title Map

4 HERON WAY sits on a plot of roughly 0.064 of an acre, or 261m². 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 MANSFIELD, in the NG19 postcode district. The below map shows the position of No. 4 on HERON WAY.