1, CYPRESS CLOSE, HONITON, EX14 2YW - £270,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CYPRESS CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £270,000 in February 2020, which was around 36% below the average February 2020 detached price in the East Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was A.

1 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 1 CYPRESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 1 CYPRESS CLOSE 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 28 FEB	£270,000	£424,824	36% below HPI
2017 3 OCT	£272,500	£404,263	33% below HPI

1 CYPRESS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 1 CYPRESS CLOSE sales from October 2017 and February 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 October 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 CYPRESS CLOSE?

1 CYPRESS CLOSE is 56m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 1 CYPRESS CLOSE lies on this distribution: 2% of detached houses are smaller than 1 CYPRESS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Honiton.

1 CYPRESS CLOSE: Plot and Title Map

1 CYPRESS CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 CYPRESS CLOSE, 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 1 CYPRESS CLOSE). 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 1 CYPRESS CLOSE?

1 CYPRESS CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 1 on CYPRESS CLOSE.