12, ROWAN CLOSE, HONITON, EX14 2YH - £225,000

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 ROWAN CLOSE is a very small extended detached house of 63m², built sometime between 1976 and 1982. It was last sold for £225,000 in March 2016, which was around 39% below the average March 2016 detached price in the East Devon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was A.

12 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 12 ROWAN 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 12 ROWAN 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
2016 4 MAR	£225,000	£369,005	39% below HPI
2013 31 MAY	£188,500	£334,245	44% below HPI
2002 17 OCT	£179,950	£231,136	22% below HPI

12 ROWAN 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 12 ROWAN CLOSE sales between October 2002 and March 2016 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 May 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2016 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 12 ROWAN CLOSE?

12 ROWAN CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in March 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 ROWAN CLOSE lies on this distribution: 6% of detached houses are smaller than 12 ROWAN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Honiton.

12 ROWAN CLOSE: Plot and Title Map

12 ROWAN CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 12 ROWAN 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 12 ROWAN 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 12 ROWAN CLOSE?

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