20, MONMOUTH WAY, HONITON, EX14 2GY - £286,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 MONMOUTH WAY is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £286,000 in April 2023, which was around 44% below the average April 2023 detached price in the East Devon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

20 MONMOUTH WAY Sold Prices

Land registry data shows four sales for 20 MONMOUTH WAY 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 20 MONMOUTH 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
2023 25 APR	£286,000	£515,295	44% below HPI
2005 28 OCT	£202,500	£290,816	30% below HPI
2003 4 APR	£169,950	£249,392	32% below HPI
2001 12 DEC	£129,950	£180,365	28% below HPI

20 MONMOUTH 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 four 20 MONMOUTH WAY sales between December 2001 and April 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 October 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 20 MONMOUTH WAY?

20 MONMOUTH WAY is 62m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 20 MONMOUTH WAY lies on this distribution: 5% of detached houses are smaller than 20 MONMOUTH WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Honiton.

20 MONMOUTH WAY: Plot and Title Map

20 MONMOUTH WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 20 MONMOUTH 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 20 MONMOUTH 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 20 MONMOUTH WAY?

20 MONMOUTH WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 20 on MONMOUTH WAY.