25, MONMOUTH WAY, HONITON, EX14 2GY - £385,000

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

25 MONMOUTH WAY is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £385,000 in July 2024, which was around 27% below the average July 2024 detached price in the East Devon local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

25 MONMOUTH WAY Sold Prices

Land registry data shows three sales for 25 MONMOUTH WAY 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. All of the three 25 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
2024 17 JUL	£385,000	£524,027	27% below HPI
2002 22 MAR	£133,000	£190,039	30% below HPI
2001 29 JUN	£118,000	£165,046	29% below HPI

25 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 three 25 MONMOUTH WAY sales between June 2001 and July 2024 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 March 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 25 MONMOUTH WAY?

25 MONMOUTH WAY is 64m² according to the EPC inspection conducted in September 2023. 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 25 MONMOUTH WAY lies on this distribution: 7% of detached houses are smaller than 25 MONMOUTH WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Honiton.

25 MONMOUTH WAY: Plot and Title Map

25 MONMOUTH WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 25 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 25 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 25 MONMOUTH WAY?

25 MONMOUTH WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 25 on MONMOUTH WAY.