6, RIDGEWAY, HONITON, EX14 2GF - £240,000

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.

6 RIDGEWAY is a very small detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £252,333. It was last sold for £240,000 in July 2024, which was around 53% below the average July 2024 detached price in the East Devon local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

6 RIDGEWAY Sold Prices

Land registry data shows three sales for 6 RIDGEWAY 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 6 RIDGEWAY 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
2024 22 JUL	£240,000	£513,535	53% below HPI
1999 3 SEP	£84,000	£130,049	35% below HPI
1998 24 JUL	£84,950	£119,385	29% below HPI

6 RIDGEWAY 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 6 RIDGEWAY sales between July 1998 and July 2024 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 September 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2024 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 6 RIDGEWAY be worth now?

6 RIDGEWAY might now be worth an estimated £252,333.

This is based on house price inflation of 5.1%, between July 2024 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 5.1% inflationary increase is applied to the most recent sale price for 6 RIDGEWAY of £240,000 on 22nd July 2024. For the value to have increased from £240,000 to £252,333 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 6 RIDGEWAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RIDGEWAY has not materially changed since July 2024.

How Large is 6 RIDGEWAY?

6 RIDGEWAY is 55m² according to the EPC inspection conducted in November 2023. 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 6 RIDGEWAY lies on this distribution: 2% of detached houses houses are smaller than 6 RIDGEWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Honiton.

6 RIDGEWAY: Plot and Title Map

6 RIDGEWAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 6 RIDGEWAY, 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 6 RIDGEWAY). 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 6 RIDGEWAY?

6 RIDGEWAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 6 on RIDGEWAY.