3, BANFIELD WAY, HONITON, EX14 2GA - £189,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 BANFIELD WAY is a very small semi-detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £237,825. It was last sold for £189,950 in July 2019, which was around 30% below the average July 2019 semi-detached price in the East Devon local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

3 BANFIELD WAY Sold Prices

Land registry data shows five sales for 3 BANFIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the five 3 BANFIELD 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
2019 1 JUL	£189,950	£270,364	30% below HPI
2014 21 FEB	£157,000	£216,848	28% below HPI
2001 17 DEC	£83,500	£108,033	23% below HPI
2000 27 JUL	£69,000	£90,589	24% below HPI
1995 25 OCT	£45,500	£57,600	21% below HPI

3 BANFIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The five 3 BANFIELD WAY sales between October 1995 and July 2019 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 February 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 BANFIELD WAY be worth now?

3 BANFIELD WAY might now be worth an estimated £237,825.

This is based on house price inflation of 25.2%, between July 2019 and February 2025, for semi-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 25.2% inflationary increase is applied to the most recent sale price for 3 BANFIELD WAY of £189,950 on 1st July 2019. For the value to have increased from £189,950 to £237,825 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 3 BANFIELD WAY has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The July 2019 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 3 BANFIELD WAY has not materially changed since July 2019.

How Large is 3 BANFIELD WAY?

3 BANFIELD WAY is 53m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Honiton, and where 3 BANFIELD WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 3 BANFIELD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Honiton.

3 BANFIELD WAY: Plot and Title Map

3 BANFIELD WAY sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 3 BANFIELD 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 3 BANFIELD 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 3 BANFIELD WAY?

3 BANFIELD WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 3 on BANFIELD WAY.