2, SAWMILLS WAY, HONITON, EX14 2DU - £225,000

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

2 SAWMILLS WAY is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £335,155. It was last sold for £225,000 in April 2015, which was around 38% below the average April 2015 detached price in the East Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

2 SAWMILLS WAY Sold Prices

Land registry data shows two sales for 2 SAWMILLS WAY 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 2 SAWMILLS WAY 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
2015 8 APR	£225,000	£362,468	38% below HPI
2014 4 APR	£220,000	£346,647	37% below HPI

2 SAWMILLS WAY 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 2 SAWMILLS WAY sales from April 2014 and April 2015 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 April 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 SAWMILLS WAY be worth now?

2 SAWMILLS WAY might now be worth an estimated £335,155.

This is based on house price inflation of 49%, between April 2015 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 49% inflationary increase is applied to the most recent sale price for 2 SAWMILLS WAY of £225,000 on 8th April 2015. For the value to have increased from £225,000 to £335,155 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 2 SAWMILLS WAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SAWMILLS WAY has not materially changed since April 2015.

How Large is 2 SAWMILLS WAY?

2 SAWMILLS WAY is 72m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 SAWMILLS WAY lies on this distribution: 13% of detached houses houses are smaller than 2 SAWMILLS WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Honiton.

2 SAWMILLS WAY: Plot and Title Map

2 SAWMILLS WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 SAWMILLS WAY, 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 SAWMILLS WAY). 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 SAWMILLS WAY?

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