2, STONE CLOSE, HONITON, EX14 2GG - £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 STONE CLOSE is a very large extended detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £517,183. It was last sold for £370,000 in July 2016, which was around 4% below the average July 2016 detached price in the East Devon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

2 STONE CLOSE Sold Prices

Land registry data shows two sales for 2 STONE CLOSE 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. One of the two 2 STONE CLOSE sales was for below the average price, whilst the other was 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
2016 8 JUL	£370,000	£386,270	4% below HPI
1998 15 JAN	£147,950	£109,981	35% above HPI

2 STONE CLOSE 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 STONE CLOSE sales from January 1998 and July 2016 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 January 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 STONE CLOSE be worth now?

2 STONE CLOSE might now be worth an estimated £517,183.

This is based on house price inflation of 39.8%, between July 2016 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 39.8% inflationary increase is applied to the most recent sale price for 2 STONE CLOSE of £370,000 on 8th July 2016. For the value to have increased from £370,000 to £517,183 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 2 STONE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STONE CLOSE has not materially changed since July 2016.

How Large is 2 STONE CLOSE?

2 STONE CLOSE is 147m², which includes two extensions, according to the EPC inspection conducted in July 2012. 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 STONE CLOSE lies on this distribution: 89% of detached houses houses are smaller than 2 STONE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Honiton.

2 STONE CLOSE: Plot and Title Map

2 STONE CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 2 STONE CLOSE, 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 STONE CLOSE). 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 STONE CLOSE?

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