16, CROSSCUT WAY, HONITON, EX14 2DX - £318,000

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

16 CROSSCUT WAY is a large extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £318,000 in April 2019, which was around 25% below the average April 2019 detached price in the East Devon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

16 CROSSCUT WAY Sold Prices

Land registry data shows three sales for 16 CROSSCUT 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 16 CROSSCUT 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
2019 15 APR	£318,000	£421,799	25% below HPI
2003 19 AUG	£233,500	£261,841	11% below HPI
2000 20 DEC	£133,000	£156,167	15% below HPI

16 CROSSCUT 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 16 CROSSCUT WAY sales between December 2000 and April 2019 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 August 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 CROSSCUT WAY?

16 CROSSCUT WAY is 109m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 16 CROSSCUT WAY lies on this distribution: 65% of detached houses are smaller than 16 CROSSCUT WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Honiton.

16 CROSSCUT WAY: Plot and Title Map

16 CROSSCUT WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 16 CROSSCUT 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 16 CROSSCUT 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 16 CROSSCUT WAY?

16 CROSSCUT WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 16 on CROSSCUT WAY.