5, HERON WAY, SPALDING, PE11 2FT - £186,250

5 HERON WAY is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £186,250 in August 2020, which was around 20% below the average August 2020 detached price in the South Holland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

5 HERON WAY Sold Prices

Land registry data shows four sales for 5 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 5 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
2020 11 AUG	£186,250	£233,088	20% below HPI
2008 27 JUN	£153,000	£192,190	20% below HPI
2004 18 JUN	£135,000	£155,410	13% below HPI
2002 20 DEC	£103,995	£126,885	18% below HPI

5 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 5 HERON WAY sales between December 2002 and August 2020 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 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2020 sale, which was also at 20% below the HPI.

How Large is 5 HERON WAY?

5 HERON WAY is 80m² according to the EPC inspection conducted in October 2015. 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 5 HERON WAY lies on this distribution: 16% of detached houses are smaller than 5 HERON WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 HERON WAY: Plot and Title Map

5 HERON WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 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 5 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 5 HERON WAY?

5 HERON WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on HERON WAY.