5, ORCHARD WAY, HONITON, EX14 1HJ - £350,000

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

5 ORCHARD WAY is a very large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2021, which was around 22% below the average June 2021 detached price in the East Devon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

5 ORCHARD WAY Sold Prices

Land registry data shows four sales for 5 ORCHARD WAY 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 5 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
2021 15 JUN	£350,000	£449,606	22% below HPI
2018 27 JUL	£327,000	£416,572	22% below HPI
2006 19 MAY	£249,950	£304,347	18% below HPI
2003 12 AUG	£163,000	£261,841	38% below HPI

5 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 four 5 ORCHARD WAY sales between August 2003 and June 2021 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 July 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, which was also at 22% below the HPI.

How Large is 5 ORCHARD WAY?

5 ORCHARD WAY is 124m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 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 5 ORCHARD WAY lies on this distribution: 81% of detached houses are smaller than 5 ORCHARD WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Honiton.

5 ORCHARD WAY: Plot and Title Map

5 ORCHARD WAY sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 5 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 5 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 5 ORCHARD WAY?

5 ORCHARD WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 5 on ORCHARD WAY.