18, HERITAGE WAY, HAMILTON, LEICESTER, LE5 1QF - £180,050

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 HERITAGE WAY is a very small detached house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £275,936. It was last sold for £180,050 in July 2016, which was around 29% below the average July 2016 detached price in the Leicester local authority area. The most recent EPC inspection was November 2015, where the current energy rating was F, and the potential energy rating was B.

18 HERITAGE WAY Sold Prices

Land registry data shows four sales for 18 HERITAGE 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 Leicester local authority area for the corresponding sale date. All of the four 18 HERITAGE 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
2016 29 JUL	£180,050	£251,916	29% below HPI
2016 13 JUN	£180,000	£249,565	28% below HPI
2003 10 JUL	£136,500	£162,506	16% below HPI
2002 31 OCT	£132,450	£139,055	5% below HPI

18 HERITAGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The four 18 HERITAGE WAY sales between October 2002 and July 2016 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 June 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 18 HERITAGE WAY be worth now?

18 HERITAGE WAY might now be worth an estimated £275,936.

This is based on house price inflation of 53.3%, between July 2016 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.3% inflationary increase is applied to the most recent sale price for 18 HERITAGE WAY of £180,050 on 29th July 2016. For the value to have increased from £180,050 to £275,936 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 18 HERITAGE WAY has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2016 sale price of £180,050 represented a fair market value for the property.
• The size, condition, and specification of 18 HERITAGE WAY has not materially changed since July 2016.

How Large is 18 HERITAGE WAY?

18 HERITAGE WAY is 64m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 18 HERITAGE WAY lies on this distribution: 4% of detached houses houses are smaller than 18 HERITAGE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Leicester.

18 HERITAGE WAY: Plot and Title Map

18 HERITAGE WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 18 HERITAGE 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 18 HERITAGE 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 18 HERITAGE WAY?

18 HERITAGE WAY is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 18 on HERITAGE WAY.