18, THE PINES, HONITON, EX14 2JG - £395,000

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 THE PINES is a very large extended detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £486,968. It was last sold for £395,000 in October 2018, which was around 10% below the average October 2018 detached price in the East Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

18 THE PINES Sold Prices

Land registry data shows two sales for 18 THE PINES 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 18 THE PINES 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
2018 25 OCT	£395,000	£437,956	10% below HPI
2014 24 NOV	£250,000	£371,250	33% below HPI

18 THE PINES 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 18 THE PINES sales from November 2014 and October 2018 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 November 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 18 THE PINES be worth now?

18 THE PINES might now be worth an estimated £486,968.

This is based on house price inflation of 23.3%, between October 2018 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 23.3% inflationary increase is applied to the most recent sale price for 18 THE PINES of £395,000 on 25th October 2018. For the value to have increased from £395,000 to £486,968 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 THE PINES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE PINES has not materially changed since October 2018.

How Large is 18 THE PINES?

18 THE PINES is 128m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 18 THE PINES lies on this distribution: 83% of detached houses houses are smaller than 18 THE PINES, and 17% of houses are larger. Note that EPC data is not available for all properties in Honiton.

18 THE PINES: Plot and Title Map

18 THE PINES sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 18 THE PINES, 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 THE PINES). 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 THE PINES?

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