17, BALFOUR CLOSE, HONITON, EX14 2UW - £274,000

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.

17 BALFOUR CLOSE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £426,773. It was last sold for £274,000 in April 2014, which was around 21% below the average April 2014 detached price in the East Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

17 BALFOUR CLOSE Sold Prices

Land registry data shows two sales for 17 BALFOUR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 17 BALFOUR 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
2014 17 APR	£274,000	£346,647	21% below HPI
2003 27 AUG	£214,000	£269,552	21% below HPI

17 BALFOUR 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 two 17 BALFOUR CLOSE sales from August 2003 and April 2014 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2014 sale, which was also at 21% below the HPI.

What might 17 BALFOUR CLOSE be worth now?

17 BALFOUR CLOSE might now be worth an estimated £426,773.

This is based on house price inflation of 55.8%, between April 2014 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 55.8% inflationary increase is applied to the most recent sale price for 17 BALFOUR CLOSE of £274,000 on 17th April 2014. For the value to have increased from £274,000 to £426,773 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 17 BALFOUR CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2014 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BALFOUR CLOSE has not materially changed since April 2014.

How Large is 17 BALFOUR CLOSE?

17 BALFOUR CLOSE is 90m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 17 BALFOUR CLOSE lies on this distribution: 40% of detached houses houses are smaller than 17 BALFOUR CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Honiton.

17 BALFOUR CLOSE: Plot and Title Map

17 BALFOUR CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 17 BALFOUR 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 17 BALFOUR 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 17 BALFOUR CLOSE?

17 BALFOUR CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 17 on BALFOUR CLOSE.