18, ROWAN CLOSE, HONITON, EX14 2YH - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 ROWAN CLOSE is a very small semi-detached house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £249,841. It was last sold for £240,000 in August 2024, which was around 27% below the average August 2024 semi-detached price in the East Devon local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

18 ROWAN CLOSE Sold Prices

Land registry data shows two sales for 18 ROWAN CLOSE 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 18 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
2024 12 AUG	£240,000	£328,141	27% below HPI
2012 10 DEC	£176,000	£207,672	15% below HPI

18 ROWAN CLOSE 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 18 ROWAN CLOSE sales from December 2012 and August 2024 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 December 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 18 ROWAN CLOSE be worth now?

18 ROWAN CLOSE might now be worth an estimated £249,841.

This is based on house price inflation of 4.1%, between August 2024 and December 2024, 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 4.1% inflationary increase is applied to the most recent sale price for 18 ROWAN CLOSE of £240,000 on 12th August 2024. For the value to have increased from £240,000 to £249,841 over the eight months to December 2024, the following assumptions must hold true:

• The value of 18 ROWAN CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The August 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ROWAN CLOSE has not materially changed since August 2024.

How Large is 18 ROWAN CLOSE?

18 ROWAN CLOSE is 52m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% 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 18 ROWAN CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 18 ROWAN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Honiton.

18 ROWAN CLOSE: Plot and Title Map

18 ROWAN CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 18 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 18 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 18 ROWAN CLOSE?

18 ROWAN CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 18 on ROWAN CLOSE.