24, LAUREL ROAD, HONITON, EX14 2XN - £225,000

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.

24 LAUREL ROAD is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £363,170. It was last sold for £225,000 in April 2011, which was around 33% below the average April 2011 detached price in the East Devon local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

24 LAUREL ROAD Sold Prices

Land registry data shows two sales for 24 LAUREL ROAD 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 24 LAUREL ROAD 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
2011 27 APR	£225,000	£334,508	33% below HPI
1996 9 AUG	£59,000	£96,183	39% below HPI

24 LAUREL 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 two 24 LAUREL ROAD sales from August 1996 and April 2011 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 August 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2011 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 24 LAUREL ROAD be worth now?

24 LAUREL ROAD might now be worth an estimated £363,170.

This is based on house price inflation of 61.4%, between April 2011 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 61.4% inflationary increase is applied to the most recent sale price for 24 LAUREL ROAD of £225,000 on 27th April 2011. For the value to have increased from £225,000 to £363,170 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 24 LAUREL ROAD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAUREL ROAD has not materially changed since April 2011.

How Large is 24 LAUREL ROAD?

24 LAUREL ROAD is 63m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% 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 24 LAUREL ROAD lies on this distribution: 7% of detached houses houses are smaller than 24 LAUREL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Honiton.

24 LAUREL ROAD: Plot and Title Map

24 LAUREL ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 24 LAUREL 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 24 LAUREL 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 24 LAUREL ROAD?

24 LAUREL ROAD is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 24 on LAUREL ROAD.