23, HONEY PARK ROAD, BUDLEIGH SALTERTON, EX9 6EG - £625,000

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.

23 HONEY PARK ROAD is a large extended detached house of 165m², built sometime between 1967 and 1975, which could now be worth an estimated £688,804. It was last sold for £625,000 in November 2021, which was around 28% above the average November 2021 detached price in the East Devon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

23 HONEY PARK ROAD Sold Prices

Land registry data shows three sales for 23 HONEY PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. One of the three 23 HONEY PARK ROAD sales was for above the average price, whilst two 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
2021 25 NOV	£625,000	£489,912	28% above HPI
2018 21 NOV	£358,000	£439,319	19% below HPI
1996 28 MAY	£91,000	£93,206	2% below HPI

23 HONEY PARK ROAD 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 three 23 HONEY PARK ROAD sales between May 1996 and November 2021 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 November 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 23 HONEY PARK ROAD be worth now?

23 HONEY PARK ROAD might now be worth an estimated £688,804.

This is based on house price inflation of 10.2%, between November 2021 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 10.2% inflationary increase is applied to the most recent sale price for 23 HONEY PARK ROAD of £625,000 on 25th November 2021. For the value to have increased from £625,000 to £688,804 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 HONEY PARK ROAD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HONEY PARK ROAD has not materially changed since November 2021.

How Large is 23 HONEY PARK ROAD?

23 HONEY PARK ROAD is 165m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Budleigh Salterton, and where 23 HONEY PARK ROAD lies on this distribution: 61% of detached houses houses are smaller than 23 HONEY PARK ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

23 HONEY PARK ROAD: Plot and Title Map

23 HONEY PARK ROAD sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 23 HONEY PARK ROAD, 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 23 HONEY PARK ROAD). 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 23 HONEY PARK ROAD?

23 HONEY PARK ROAD is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 23 on HONEY PARK ROAD.