61, CHESTNUT WAY, HONITON, EX14 2XF - £222,500

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.

61 CHESTNUT WAY is a midsized extended semi-detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £276,839. It was last sold for £222,500 in November 2019, which was around 18% below the average November 2019 semi-detached price in the East Devon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

61 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 61 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the three 61 CHESTNUT 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
2019 7 NOV	£222,500	£272,063	18% below HPI
2001 8 AUG	£73,000	£102,861	29% below HPI
2001 14 MAR	£59,950	£92,539	35% below HPI

61 CHESTNUT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The three 61 CHESTNUT WAY sales between March 2001 and November 2019 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 August 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 61 CHESTNUT WAY be worth now?

61 CHESTNUT WAY might now be worth an estimated £276,839.

This is based on house price inflation of 24.4%, between November 2019 and February 2025, for semi-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 24.4% inflationary increase is applied to the most recent sale price for 61 CHESTNUT WAY of £222,500 on 7th November 2019. For the value to have increased from £222,500 to £276,839 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 61 CHESTNUT WAY has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The November 2019 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 61 CHESTNUT WAY has not materially changed since November 2019.

How Large is 61 CHESTNUT WAY?

61 CHESTNUT WAY is 102m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of semi-detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Honiton, and where 61 CHESTNUT WAY lies on this distribution: 55% of semi-detached houses houses are smaller than 61 CHESTNUT WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Honiton.

61 CHESTNUT WAY: Plot and Title Map

61 CHESTNUT WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 61 CHESTNUT 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 61 CHESTNUT 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 61 CHESTNUT WAY?

61 CHESTNUT WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 61 on CHESTNUT WAY.