31, MONKTON ROAD, HONITON, EX14 1PZ - £389,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 MONKTON ROAD is a large extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £389,000 in September 2022, which was around 26% below the average September 2022 detached price in the East Devon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

31 MONKTON ROAD Sold Prices

Land registry data shows four sales for 31 MONKTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 31 MONKTON 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
2022 22 SEP	£389,000	£523,315	26% below HPI
2018 13 DEC	£270,000	£426,332	37% below HPI
2018 29 JUN	£275,000	£416,431	34% below HPI
2005 25 FEB	£230,000	£291,090	21% below HPI

31 MONKTON 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 four 31 MONKTON ROAD sales between February 2005 and September 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 December 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 31 MONKTON ROAD?

31 MONKTON ROAD is 118m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 31 MONKTON ROAD lies on this distribution: 76% of detached houses are smaller than 31 MONKTON ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Honiton.

31 MONKTON ROAD: Plot and Title Map

31 MONKTON ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 31 MONKTON 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 31 MONKTON 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 31 MONKTON ROAD?

31 MONKTON ROAD is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 31 on MONKTON ROAD.