3, DURBIN CLOSE, HONITON, EX14 2WB - £437,500

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.

3 DURBIN CLOSE is a very large detached house of 140m², built sometime between 1996 and 2002, which could now be worth an estimated £603,497. It was last sold for £437,500 in November 2016, which was around 12% above the average November 2016 detached price in the East Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

3 DURBIN CLOSE Sold Prices

Land registry data shows three sales for 3 DURBIN CLOSE 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 3 DURBIN CLOSE sales were for above 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
2016 15 NOV	£437,500	£391,414	12% above HPI
2005 15 JUL	£340,000	£297,641	14% above HPI
2001 27 SEP	£250,000	£182,101	37% above HPI

3 DURBIN CLOSE 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 3 DURBIN CLOSE sales between September 2001 and November 2016 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 July 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 DURBIN CLOSE be worth now?

3 DURBIN CLOSE might now be worth an estimated £603,497.

This is based on house price inflation of 37.9%, between November 2016 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 37.9% inflationary increase is applied to the most recent sale price for 3 DURBIN CLOSE of £437,500 on 15th November 2016. For the value to have increased from £437,500 to £603,497 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 DURBIN CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2016 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 3 DURBIN CLOSE has not materially changed since November 2016.

How Large is 3 DURBIN CLOSE?

3 DURBIN CLOSE is 140m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 3 DURBIN CLOSE lies on this distribution: 88% of detached houses houses are smaller than 3 DURBIN CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Honiton.

3 DURBIN CLOSE: Plot and Title Map

3 DURBIN CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 3 DURBIN CLOSE, 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 DURBIN CLOSE). 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 DURBIN CLOSE?

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