7, CROSSCUT WAY, HONITON, EX14 2DX - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CROSSCUT WAY is a midsized extended detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £391,536. It was last sold for £300,000 in November 2017, which was around 27% below the average November 2017 detached price in the East Devon local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

7 CROSSCUT WAY Sold Prices

Land registry data shows six sales for 7 CROSSCUT WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the six 7 CROSSCUT 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
2017 27 NOV	£300,000	£413,698	27% below HPI
2016 17 MAY	£285,000	£381,306	25% below HPI
2012 13 JUL	£248,000	£344,712	28% below HPI
2007 10 MAY	£250,000	£335,248	25% below HPI
2004 8 APR	£210,000	£281,511	25% below HPI
2000 10 NOV	£114,950	£160,400	28% below HPI

7 CROSSCUT 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 six 7 CROSSCUT WAY sales between November 2000 and November 2017 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 May 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 7 CROSSCUT WAY be worth now?

7 CROSSCUT WAY might now be worth an estimated £391,536.

This is based on house price inflation of 30.5%, between November 2017 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 30.5% inflationary increase is applied to the most recent sale price for 7 CROSSCUT WAY of £300,000 on 27th November 2017. For the value to have increased from £300,000 to £391,536 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 CROSSCUT WAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CROSSCUT WAY has not materially changed since November 2017.

How Large is 7 CROSSCUT WAY?

7 CROSSCUT WAY is 95m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% 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 7 CROSSCUT WAY lies on this distribution: 46% of detached houses houses are smaller than 7 CROSSCUT WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Honiton.

7 CROSSCUT WAY: Plot and Title Map

7 CROSSCUT WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 7 CROSSCUT 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 7 CROSSCUT 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 7 CROSSCUT WAY?

7 CROSSCUT WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 7 on CROSSCUT WAY.