8, HEATHER CLOSE, HONITON, EX14 2YP - £365,000

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.

8 HEATHER CLOSE is a midsized extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £430,464. It was last sold for £365,000 in December 2020, which was around 20% below the average December 2020 detached price in the East Devon local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

8 HEATHER CLOSE Sold Prices

Land registry data shows two sales for 8 HEATHER 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 8 HEATHER 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
2020 1 DEC	£365,000	£457,814	20% below HPI
2018 19 JAN	£301,000	£418,960	28% below HPI

8 HEATHER 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 8 HEATHER CLOSE sales from January 2018 and December 2020 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 January 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 HEATHER CLOSE be worth now?

8 HEATHER CLOSE might now be worth an estimated £430,464.

This is based on house price inflation of 17.9%, between December 2020 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 17.9% inflationary increase is applied to the most recent sale price for 8 HEATHER CLOSE of £365,000 on 1st December 2020. For the value to have increased from £365,000 to £430,464 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 HEATHER CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The December 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HEATHER CLOSE has not materially changed since December 2020.

How Large is 8 HEATHER CLOSE?

8 HEATHER CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2017. 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 8 HEATHER CLOSE lies on this distribution: 47% of detached houses houses are smaller than 8 HEATHER CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Honiton.

8 HEATHER CLOSE: Plot and Title Map

8 HEATHER CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 HEATHER 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 8 HEATHER 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 8 HEATHER CLOSE?

8 HEATHER CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 8 on HEATHER CLOSE.