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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 CROSSCUT WAY is a midsized extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £300,000 in November 2017, which was around 25% 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	£401,864	25% below HPI
2016 17 MAY	£285,000	£370,398	23% below HPI
2012 13 JUL	£248,000	£334,851	26% below HPI
2007 10 MAY	£250,000	£325,658	23% below HPI
2004 8 APR	£210,000	£273,458	23% below HPI
2000 10 NOV	£114,950	£155,811	26% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 7 CROSSCUT WAY lies on this distribution: 47% of detached houses are smaller than 7 CROSSCUT WAY, and 53% 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.