10, MONMOUTH WAY, HONITON, EX14 2GY - £385,000

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.

10 MONMOUTH WAY is a very large extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £484,729. It was last sold for £385,000 in July 2018, which was around 10% below the average July 2018 detached price in the East Devon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

10 MONMOUTH WAY Sold Prices

Land registry data shows three sales for 10 MONMOUTH WAY 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 10 MONMOUTH 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
2018 12 JUL	£385,000	£428,840	10% below HPI
2001 17 DEC	£147,000	£185,676	21% below HPI
2001 3 OCT	£124,000	£185,008	33% below HPI

10 MONMOUTH WAY 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 10 MONMOUTH WAY sales between October 2001 and July 2018 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 December 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 10 MONMOUTH WAY be worth now?

10 MONMOUTH WAY might now be worth an estimated £484,729.

This is based on house price inflation of 25.9%, between July 2018 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 25.9% inflationary increase is applied to the most recent sale price for 10 MONMOUTH WAY of £385,000 on 12th July 2018. For the value to have increased from £385,000 to £484,729 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 10 MONMOUTH WAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MONMOUTH WAY has not materially changed since July 2018.

How Large is 10 MONMOUTH WAY?

10 MONMOUTH WAY is 124m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 10 MONMOUTH WAY lies on this distribution: 80% of detached houses houses are smaller than 10 MONMOUTH WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Honiton.

10 MONMOUTH WAY: Plot and Title Map

10 MONMOUTH WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 10 MONMOUTH 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 10 MONMOUTH 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 10 MONMOUTH WAY?

10 MONMOUTH WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 10 on MONMOUTH WAY.