3, MONMOUTH WAY, HONITON, EX14 2GY - £600,000

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

3 MONMOUTH WAY is a very large detached house of 178m², built sometime between 1996 and 2002. It was last sold for £600,000 in February 2022, which was around 25% above the average February 2022 detached price in the East Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

3 MONMOUTH WAY Sold Prices

Land registry data shows two sales for 3 MONMOUTH WAY 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 3 MONMOUTH WAY 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
2022 10 FEB	£600,000	£480,930	25% above HPI
2001 11 MAY	£209,950	£161,231	30% above HPI

3 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 two 3 MONMOUTH WAY sales from May 2001 and February 2022 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 May 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 MONMOUTH WAY?

3 MONMOUTH WAY is 178m² according to the EPC inspection conducted in November 2022. This puts it in the largest 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 3 MONMOUTH WAY lies on this distribution: 96% of detached houses are smaller than 3 MONMOUTH WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Honiton.

3 MONMOUTH WAY: Plot and Title Map

3 MONMOUTH WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 3 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 3 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 3 MONMOUTH WAY?

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