4, HERON WAY, SPALDING, PE11 2FT - £213,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 HERON WAY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £213,000 in August 2023, which was around 25% below the average August 2023 detached price in the South Holland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

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 South Holland 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
2023 11 AUG	£213,000	£283,483	25% below HPI
2023 21 APR	£220,000	£291,350	24% below HPI
2006 24 FEB	£135,000	£183,791	27% below HPI
2002 6 DEC	£97,400	£126,885	23% below HPI

4 HERON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four 4 HERON WAY sales between December 2002 and August 2023 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 April 2023 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 HERON WAY?

4 HERON WAY is 79m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 4 HERON WAY lies on this distribution: 16% of detached houses are smaller than 4 HERON WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 HERON WAY: Plot and Title Map

4 HERON WAY sits on a plot of roughly 0.057 of an acre, or 229m². 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 SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on HERON WAY.