16, NORTHCOTE LANE, HONITON, EX14 1NE - £250,000

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.

16 NORTHCOTE LANE is a midsized extended semi-detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £281,657. It was last sold for £250,000 in July 2021, which was around 13% below the average July 2021 semi-detached price in the East Devon local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

16 NORTHCOTE LANE Sold Prices

Land registry data shows two sales for 16 NORTHCOTE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Both of the two 16 NORTHCOTE LANE 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
2021 28 JUL	£250,000	£286,544	13% below HPI
2012 12 OCT	£175,000	£212,740	18% below HPI

16 NORTHCOTE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two 16 NORTHCOTE LANE sales from October 2012 and July 2021 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 October 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 NORTHCOTE LANE be worth now?

16 NORTHCOTE LANE might now be worth an estimated £281,657.

This is based on house price inflation of 12.7%, between July 2021 and July 2025, for semi-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 12.7% inflationary increase is applied to the most recent sale price for 16 NORTHCOTE LANE of £250,000 on 28th July 2021. For the value to have increased from £250,000 to £281,657 over the four years to July 2025, the following assumptions must hold true:

• The value of 16 NORTHCOTE LANE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The July 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NORTHCOTE LANE has not materially changed since July 2021.

How Large is 16 NORTHCOTE LANE?

16 NORTHCOTE LANE is 94m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of semi-detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Honiton, and where 16 NORTHCOTE LANE lies on this distribution: 44% of semi-detached houses houses are smaller than 16 NORTHCOTE LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Honiton.

16 NORTHCOTE LANE: Plot and Title Map

16 NORTHCOTE LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 16 NORTHCOTE LANE, 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 NORTHCOTE LANE). 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 NORTHCOTE LANE?

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