9, TOWN FARM CLOSE, HONITON, EX14 1YA - £225,500

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.

9 TOWN FARM CLOSE is a small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £347,852. It was last sold for £225,500 in August 2013, which was around 36% below the average August 2013 detached price in the East Devon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

9 TOWN FARM CLOSE Sold Prices

Land registry data shows three sales for 9 TOWN FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 9 TOWN FARM 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
2013 21 AUG	£225,500	£350,014	36% below HPI
2006 1 SEP	£192,000	£322,205	40% below HPI
2000 18 SEP	£106,950	£161,028	34% below HPI

9 TOWN FARM 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 three 9 TOWN FARM CLOSE sales between September 2000 and August 2013 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 September 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2013 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 TOWN FARM CLOSE be worth now?

9 TOWN FARM CLOSE might now be worth an estimated £347,852.

This is based on house price inflation of 54.3%, between August 2013 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 54.3% inflationary increase is applied to the most recent sale price for 9 TOWN FARM CLOSE of £225,500 on 21st August 2013. For the value to have increased from £225,500 to £347,852 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 9 TOWN FARM CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2013 sale price of £225,500 represented a fair market value for the property.
• The size, condition, and specification of 9 TOWN FARM CLOSE has not materially changed since August 2013.

How Large is 9 TOWN FARM CLOSE?

9 TOWN FARM CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in June 2012. 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 9 TOWN FARM CLOSE lies on this distribution: 38% of detached houses houses are smaller than 9 TOWN FARM CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Honiton.

9 TOWN FARM CLOSE: Plot and Title Map

9 TOWN FARM CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 9 TOWN FARM 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 9 TOWN FARM 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 9 TOWN FARM CLOSE?

9 TOWN FARM CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 9 on TOWN FARM CLOSE.