12, CHESTNUT WAY, HONITON, EX14 2UA - £230,000

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

12 CHESTNUT WAY is a very small semi-detached house of 51m², built sometime between 1976 and 1982. It was last sold for £230,000 in March 2020, which was around 47% below the average March 2020 detached price in the East Devon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

12 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 12 CHESTNUT 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 12 CHESTNUT 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
2020 6 MAR	£230,000	£431,655	47% below HPI
2014 10 APR	£175,000	£336,731	48% below HPI
2001 6 JUL	£89,000	£170,247	48% below HPI

12 CHESTNUT 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 12 CHESTNUT WAY sales between July 2001 and March 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 April 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2020 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 12 CHESTNUT WAY?

12 CHESTNUT WAY is 51m² according to the EPC inspection conducted in January 2014. 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 12 CHESTNUT WAY lies on this distribution: 1% of detached houses are smaller than 12 CHESTNUT WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Honiton.

12 CHESTNUT WAY: Plot and Title Map

12 CHESTNUT WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 12 CHESTNUT 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 12 CHESTNUT 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 12 CHESTNUT WAY?

12 CHESTNUT WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 12 on CHESTNUT WAY.