7, FERNDALE CLOSE, HONITON, EX14 2YN - £345,000

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.

7 FERNDALE CLOSE is a small detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £420,003. It was last sold for £345,000 in October 2019, which was around 22% below the average October 2019 detached price in the East Devon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

7 FERNDALE CLOSE Sold Prices

Land registry data shows two sales for 7 FERNDALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 7 FERNDALE 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
2019 2 OCT	£345,000	£443,507	22% below HPI
2017 7 NOV	£313,000	£413,698	24% below HPI

7 FERNDALE 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 two 7 FERNDALE CLOSE sales from November 2017 and October 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 November 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 FERNDALE CLOSE be worth now?

7 FERNDALE CLOSE might now be worth an estimated £420,003.

This is based on house price inflation of 21.7%, between October 2019 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 21.7% inflationary increase is applied to the most recent sale price for 7 FERNDALE CLOSE of £345,000 on 2nd October 2019. For the value to have increased from £345,000 to £420,003 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 FERNDALE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FERNDALE CLOSE has not materially changed since October 2019.

How Large is 7 FERNDALE CLOSE?

7 FERNDALE CLOSE is 87m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% 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 FERNDALE CLOSE lies on this distribution: 33% of detached houses houses are smaller than 7 FERNDALE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Honiton.

7 FERNDALE CLOSE: Plot and Title Map

7 FERNDALE CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 7 FERNDALE 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 7 FERNDALE 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 7 FERNDALE CLOSE?

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