11, HORNBEAM CLOSE, HONITON, EX14 2UB - £225,000

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.

11 HORNBEAM CLOSE is a midsized extended detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £348,207. It was last sold for £225,000 in February 2014, which was around 36% below the average February 2014 detached price in the East Devon local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

11 HORNBEAM CLOSE Sold Prices

Land registry data shows three sales for 11 HORNBEAM 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 11 HORNBEAM 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
2014 19 FEB	£225,000	£348,882	36% below HPI
2012 17 DEC	£190,000	£335,436	43% below HPI
2001 23 JUL	£118,000	£175,261	33% below HPI

11 HORNBEAM 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 11 HORNBEAM CLOSE sales between July 2001 and February 2014 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 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 11 HORNBEAM CLOSE be worth now?

11 HORNBEAM CLOSE might now be worth an estimated £348,207.

This is based on house price inflation of 54.8%, between February 2014 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 54.8% inflationary increase is applied to the most recent sale price for 11 HORNBEAM CLOSE of £225,000 on 19th February 2014. For the value to have increased from £225,000 to £348,207 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 11 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HORNBEAM CLOSE has not materially changed since February 2014.

How Large is 11 HORNBEAM CLOSE?

11 HORNBEAM CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% 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 11 HORNBEAM CLOSE lies on this distribution: 44% of detached houses houses are smaller than 11 HORNBEAM CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Honiton.

11 HORNBEAM CLOSE: Plot and Title Map

11 HORNBEAM CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 11 HORNBEAM 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 11 HORNBEAM 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 11 HORNBEAM CLOSE?

11 HORNBEAM CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 11 on HORNBEAM CLOSE.