2, WATERMEADOW VIEW, PAYHEMBURY, HONITON, EX14 3HA - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WATERMEADOW VIEW is a very large semi-detached house of 251m². It was last sold for £625,000 in March 2023, which was around 18% above the average March 2023 detached price in the East Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

2 WATERMEADOW VIEW Sold Prices

Land registry data shows four sales for 2 WATERMEADOW VIEW 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. Most of the four 2 WATERMEADOW VIEW 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
2023 31 MAR	£625,000	£527,677	18% above HPI
2016 13 JUN	£515,000	£368,922	40% above HPI
2014 14 APR	£425,000	£336,731	26% above HPI
2013 5 JUN	£249,950	£335,615	26% below HPI

2 WATERMEADOW VIEW 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 WATERMEADOW VIEW sales between June 2013 and March 2023 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 June 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 WATERMEADOW VIEW?

2 WATERMEADOW VIEW is 251m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses by size in Payhembury, and where 2 WATERMEADOW VIEW lies on this distribution: 95% of detached houses are smaller than 2 WATERMEADOW VIEW, and 5% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

2 WATERMEADOW VIEW: Plot and Title Map

2 WATERMEADOW VIEW sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 WATERMEADOW VIEW, 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 WATERMEADOW VIEW). 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 WATERMEADOW VIEW?

2 WATERMEADOW VIEW is located in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of No. 2 on WATERMEADOW VIEW.