19, RIDGEWAY, HONITON, EX14 2GF - £265,000

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

19 RIDGEWAY is a very small detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £276,586. It was last sold for £265,000 in December 2022, which was around 49% below the average December 2022 detached price in the East Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

19 RIDGEWAY Sold Prices

Land registry data shows two sales for 19 RIDGEWAY 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 19 RIDGEWAY 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
2022 16 DEC	£265,000	£517,308	49% below HPI
1997 16 MAY	£51,750	£102,306	49% below HPI

19 RIDGEWAY 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 19 RIDGEWAY sales from May 1997 and December 2022 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 May 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2022 sale, which was also at 49% below the HPI.

What might 19 RIDGEWAY be worth now?

19 RIDGEWAY might now be worth an estimated £276,586.

This is based on house price inflation of 4.4%, between December 2022 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 4.4% inflationary increase is applied to the most recent sale price for 19 RIDGEWAY of £265,000 on 16th December 2022. For the value to have increased from £265,000 to £276,586 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 19 RIDGEWAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The December 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 19 RIDGEWAY has not materially changed since December 2022.

How Large is 19 RIDGEWAY?

19 RIDGEWAY is 60m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% 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 19 RIDGEWAY lies on this distribution: 4% of detached houses houses are smaller than 19 RIDGEWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Honiton.

19 RIDGEWAY: Plot and Title Map

19 RIDGEWAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 19 RIDGEWAY, 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 19 RIDGEWAY). 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 19 RIDGEWAY?

19 RIDGEWAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 19 on RIDGEWAY.