14, MATHEWS CLOSE, HONITON, EX14 2WD - £293,000

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.

14 MATHEWS CLOSE is a small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £347,301. It was last sold for £293,000 in September 2020, which was around 36% below the average September 2020 detached price in the East Devon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

14 MATHEWS CLOSE Sold Prices

Land registry data shows four sales for 14 MATHEWS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 14 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 24 SEP	£293,000	£455,507	36% below HPI
2016 28 SEP	£275,000	£392,935	30% below HPI
2004 19 MAY	£212,000	£288,350	26% below HPI
2000 18 AUG	£104,995	£158,471	34% below HPI

14 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 four 14 MATHEWS CLOSE sales between August 2000 and September 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 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 14 MATHEWS CLOSE be worth now?

14 MATHEWS CLOSE might now be worth an estimated £347,301.

This is based on house price inflation of 18.5%, between September 2020 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 18.5% inflationary increase is applied to the most recent sale price for 14 MATHEWS CLOSE of £293,000 on 24th September 2020. For the value to have increased from £293,000 to £347,301 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 MATHEWS CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The September 2020 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MATHEWS CLOSE has not materially changed since September 2020.

How Large is 14 MATHEWS CLOSE?

14 MATHEWS CLOSE is 84m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% 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 14 MATHEWS CLOSE lies on this distribution: 26% of detached houses houses are smaller than 14 MATHEWS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Honiton.

14 MATHEWS CLOSE: Plot and Title Map

14 MATHEWS CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 14 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 14 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 14 MATHEWS CLOSE?

14 MATHEWS CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 14 on MATHEWS CLOSE.