42, PINE GROVE, HONITON, EX14 2HU - £270,000

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.

42 PINE GROVE is a very small detached house of 46m², built sometime between 1967 and 1975, which could now be worth an estimated £369,524. It was last sold for £270,000 in August 2016, which was around 31% below the average August 2016 detached price in the East Devon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

42 PINE GROVE Sold Prices

Land registry data shows four sales for 42 PINE GROVE 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 42 PINE GROVE 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
2016 12 AUG	£270,000	£390,831	31% below HPI
2013 7 MAY	£220,000	£344,088	36% below HPI
2011 17 JAN	£250,000	£341,664	27% below HPI
2007 21 AUG	£221,000	£348,161	37% below HPI

42 PINE GROVE 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 42 PINE GROVE sales between August 2007 and August 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 May 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 42 PINE GROVE be worth now?

42 PINE GROVE might now be worth an estimated £369,524.

This is based on house price inflation of 36.9%, between August 2016 and March 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 36.9% inflationary increase is applied to the most recent sale price for 42 PINE GROVE of £270,000 on 12th August 2016. For the value to have increased from £270,000 to £369,524 over the nine years and five months to March 2025, the following assumptions must hold true:

• The value of 42 PINE GROVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PINE GROVE has not materially changed since August 2016.

How Large is 42 PINE GROVE?

42 PINE GROVE is 46m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 42 PINE GROVE lies on this distribution: Less than 1% of detached houses houses are smaller than 42 PINE GROVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Honiton.

42 PINE GROVE: Plot and Title Map

42 PINE GROVE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 42 PINE GROVE, 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 42 PINE GROVE). 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 42 PINE GROVE?

42 PINE GROVE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 42 on PINE GROVE.