1, MATHEWS CLOSE, HONITON, EX14 2WD - £400,000

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 MATHEWS CLOSE is a large detached house of 114m², built sometime between 1996 and 2002. It was last sold for £400,000 in December 2020, which was around 10% below the average December 2020 detached price in the East Devon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

1 MATHEWS CLOSE Sold Prices

Land registry data shows three sales for 1 MATHEWS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 1 MATHEWS 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 22 DEC	£400,000	£444,718	10% below HPI
2014 19 SEP	£340,000	£358,843	5% below HPI
2000 15 DEC	£144,500	£156,167	7% below HPI

1 MATHEWS 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 three 1 MATHEWS CLOSE sales between December 2000 and December 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 September 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 MATHEWS CLOSE?

1 MATHEWS CLOSE is 114m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% 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 MATHEWS CLOSE lies on this distribution: 72% of detached houses are smaller than 1 MATHEWS CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Honiton.

1 MATHEWS CLOSE: Plot and Title Map

1 MATHEWS CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 1 MATHEWS 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 MATHEWS 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 MATHEWS CLOSE?

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