2, CHESTNUT MEWS, FENITON, HONITON, EX14 3BA - £370,000

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.

2 CHESTNUT MEWS is a very large extended semi-detached house of 163m², built sometime before 1900, which could now be worth an estimated £461,836. It was last sold for £370,000 in February 2020, which was around 36% above the average February 2020 semi-detached price in the East Devon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

2 CHESTNUT MEWS Sold Prices

Land registry data shows four sales for 2 CHESTNUT MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the four 2 CHESTNUT MEWS sales were for above 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
2020 26 FEB	£370,000	£271,194	36% above HPI
2017 7 SEP	£400,000	£257,912	55% above HPI
2009 28 OCT	£290,000	£207,427	40% above HPI
2004 19 MAR	£248,500	£169,097	47% above HPI

2 CHESTNUT MEWS 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 four 2 CHESTNUT MEWS sales between March 2004 and February 2020 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 September 2017 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 CHESTNUT MEWS be worth now?

2 CHESTNUT MEWS might now be worth an estimated £461,836.

This is based on house price inflation of 24.8%, between February 2020 and February 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 24.8% inflationary increase is applied to the most recent sale price for 2 CHESTNUT MEWS of £370,000 on 26th February 2020. For the value to have increased from £370,000 to £461,836 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT MEWS has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The February 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT MEWS has not materially changed since February 2020.

How Large is 2 CHESTNUT MEWS?

2 CHESTNUT MEWS is 163m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of semi-detached houses houses in Feniton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Feniton, and where 2 CHESTNUT MEWS lies on this distribution: 94% of semi-detached houses houses are smaller than 2 CHESTNUT MEWS, and 6% of houses are larger. Note that EPC data is not available for all properties in Feniton.

2 CHESTNUT MEWS: Plot and Title Map

2 CHESTNUT MEWS sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 CHESTNUT MEWS, 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 2 CHESTNUT MEWS). 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 2 CHESTNUT MEWS?

2 CHESTNUT MEWS is located in FENITON, in the EX14 postcode district. The below map shows the position of No. 2 on CHESTNUT MEWS.