5, RIVERSIDE CLOSE, HONITON, EX14 1XJ - £415,000

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.

5 RIVERSIDE CLOSE is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £478,242. It was last sold for £415,000 in September 2021, which was around 11% below the average September 2021 detached price in the East Devon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

5 RIVERSIDE CLOSE Sold Prices

Land registry data shows three sales for 5 RIVERSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 5 RIVERSIDE 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
2021 9 SEP	£415,000	£468,526	11% below HPI
2010 23 FEB	£300,000	£335,059	10% below HPI
2000 21 DEC	£155,995	£160,766	3% below HPI

5 RIVERSIDE 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 three 5 RIVERSIDE CLOSE sales between December 2000 and September 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 February 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 RIVERSIDE CLOSE be worth now?

5 RIVERSIDE CLOSE might now be worth an estimated £478,242.

This is based on house price inflation of 15.2%, between September 2021 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 15.2% inflationary increase is applied to the most recent sale price for 5 RIVERSIDE CLOSE of £415,000 on 9th September 2021. For the value to have increased from £415,000 to £478,242 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 RIVERSIDE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The September 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIVERSIDE CLOSE has not materially changed since September 2021.

How Large is 5 RIVERSIDE CLOSE?

5 RIVERSIDE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% 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 5 RIVERSIDE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 5 RIVERSIDE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Honiton.

5 RIVERSIDE CLOSE: Plot and Title Map

5 RIVERSIDE CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 5 RIVERSIDE 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 5 RIVERSIDE 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 5 RIVERSIDE CLOSE?

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