4, BHUTAN CLOSE, HONITON, EX14 2UP - £370,000

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.

4 BHUTAN CLOSE is a large detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £452,533. It was last sold for £370,000 in August 2019, which was around 16% below the average August 2019 detached price in the East Devon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

4 BHUTAN CLOSE Sold Prices

Land registry data shows two sales for 4 BHUTAN CLOSE 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 4 BHUTAN CLOSE 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 16 AUG	£370,000	£441,453	16% below HPI
2000 18 APR	£134,000	£143,353	7% below HPI

4 BHUTAN 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 two 4 BHUTAN CLOSE sales from April 2000 and August 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 April 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 BHUTAN CLOSE be worth now?

4 BHUTAN CLOSE might now be worth an estimated £452,533.

This is based on house price inflation of 22.3%, between August 2019 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 22.3% inflationary increase is applied to the most recent sale price for 4 BHUTAN CLOSE of £370,000 on 16th August 2019. For the value to have increased from £370,000 to £452,533 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 4 BHUTAN CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BHUTAN CLOSE has not materially changed since August 2019.

How Large is 4 BHUTAN CLOSE?

4 BHUTAN CLOSE is 110m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% 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 4 BHUTAN CLOSE lies on this distribution: 65% of detached houses houses are smaller than 4 BHUTAN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Honiton.

4 BHUTAN CLOSE: Plot and Title Map

4 BHUTAN CLOSE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 4 BHUTAN 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 4 BHUTAN 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 4 BHUTAN CLOSE?

4 BHUTAN CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 4 on BHUTAN CLOSE.