1, HICKORY CLOSE, HONITON, EX14 2UN - £495,000

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.

1 HICKORY CLOSE is a large detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £539,824. It was last sold for £495,000 in February 2022, which was about the average February 2022 detached price in the East Devon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

1 HICKORY CLOSE Sold Prices

Land registry data shows four sales for 1 HICKORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. The four 1 HICKORY CLOSE sales were a mix of roughly equal to the average price, and 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
2022 28 FEB	£495,000	£495,093	Close to HPI
2009 9 JUL	£240,000	£312,355	23% below HPI
2003 7 JUL	£249,950	£263,089	5% below HPI
2001 10 DEC	£174,950	£185,676	6% below HPI

1 HICKORY 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 four 1 HICKORY CLOSE sales between December 2001 and February 2022 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 July 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 HICKORY CLOSE be worth now?

1 HICKORY CLOSE might now be worth an estimated £539,824.

This is based on house price inflation of 9.1%, between February 2022 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for 1 HICKORY CLOSE of £495,000 on 28th February 2022. For the value to have increased from £495,000 to £539,824 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 HICKORY CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HICKORY CLOSE has not materially changed since February 2022.

How Large is 1 HICKORY CLOSE?

1 HICKORY CLOSE is 115m² according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honiton, and where 1 HICKORY CLOSE lies on this distribution: 72% of detached houses houses are smaller than 1 HICKORY CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Honiton.

1 HICKORY CLOSE: Plot and Title Map

1 HICKORY CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 1 HICKORY 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 HICKORY 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 HICKORY CLOSE?

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