43, CYPRESS CLOSE, HONITON, EX14 2YW - £220,000

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.

43 CYPRESS CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £346,282. It was last sold for £220,000 in November 2012, which was around 36% below the average November 2012 detached price in the East Devon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

43 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 43 CYPRESS 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 43 CYPRESS 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
2012 30 NOV	£220,000	£343,025	36% below HPI
2005 2 DEC	£226,000	£298,905	24% below HPI

43 CYPRESS 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 43 CYPRESS CLOSE sales from December 2005 and November 2012 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 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 43 CYPRESS CLOSE be worth now?

43 CYPRESS CLOSE might now be worth an estimated £346,282.

This is based on house price inflation of 57.4%, between November 2012 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 57.4% inflationary increase is applied to the most recent sale price for 43 CYPRESS CLOSE of £220,000 on 30th November 2012. For the value to have increased from £220,000 to £346,282 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 43 CYPRESS CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2012 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 43 CYPRESS CLOSE has not materially changed since November 2012.

How Large is 43 CYPRESS CLOSE?

43 CYPRESS CLOSE is 69m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% 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 43 CYPRESS CLOSE lies on this distribution: 11% of detached houses houses are smaller than 43 CYPRESS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Honiton.

43 CYPRESS CLOSE: Plot and Title Map

43 CYPRESS CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 43 CYPRESS 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 43 CYPRESS 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 43 CYPRESS CLOSE?

43 CYPRESS CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 43 on CYPRESS CLOSE.