2, PINE GROVE, HONITON, EX14 2HS - £377,500

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

2 PINE GROVE is a large extended detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £473,298. It was last sold for £377,500 in August 2018, which was around 12% below the average August 2018 detached price in the East Devon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

2 PINE GROVE Sold Prices

Land registry data shows four sales for 2 PINE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 2 PINE GROVE 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 14 AUG	£377,500	£430,641	12% below HPI
2014 29 AUG	£345,000	£363,916	5% below HPI
2002 14 JUN	£197,500	£210,999	6% below HPI
2000 5 MAY	£118,000	£148,663	21% below HPI

2 PINE GROVE 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 four 2 PINE GROVE sales between May 2000 and August 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 August 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 PINE GROVE be worth now?

2 PINE GROVE might now be worth an estimated £473,298.

This is based on house price inflation of 25.4%, between August 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 25.4% inflationary increase is applied to the most recent sale price for 2 PINE GROVE of £377,500 on 14th August 2018. For the value to have increased from £377,500 to £473,298 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 PINE GROVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2018 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PINE GROVE has not materially changed since August 2018.

How Large is 2 PINE GROVE?

2 PINE GROVE is 123m², which includes two extensions, according to the EPC inspection conducted in January 2014. 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 2 PINE GROVE lies on this distribution: 80% of detached houses houses are smaller than 2 PINE GROVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Honiton.

2 PINE GROVE: Plot and Title Map

2 PINE GROVE sits on a plot of roughly 0.260 of an acre, or 1,051m². The below map shows the location of 2 PINE GROVE, 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 PINE GROVE). 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 PINE GROVE?

2 PINE GROVE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 2 on PINE GROVE.