38, ORCHARD WAY, HONITON, EX14 1HH - £295,000

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

38 ORCHARD WAY is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £295,000 in March 2019, which was around 32% below the average March 2019 detached price in the East Devon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

38 ORCHARD WAY Sold Prices

Land registry data shows two sales for 38 ORCHARD 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 38 ORCHARD 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 15 MAR	£295,000	£436,026	32% below HPI
2011 9 DEC	£233,000	£334,364	30% below HPI

38 ORCHARD 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 38 ORCHARD WAY sales from December 2011 and March 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 December 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 ORCHARD WAY?

38 ORCHARD WAY is 73m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 38 ORCHARD WAY lies on this distribution: 15% of detached houses are smaller than 38 ORCHARD WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Honiton.

38 ORCHARD WAY: Plot and Title Map

38 ORCHARD WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 38 ORCHARD 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 38 ORCHARD 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 38 ORCHARD WAY?

38 ORCHARD WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 38 on ORCHARD WAY.