CORNERWAYS, EXETER ROAD, HONITON, EX14 1AU - £350,000

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

CORNERWAYS is a large detached house of 119m², built sometime between 1976 and 1982. It was last sold for £350,000 in November 2020, which was around 21% below the average November 2020 detached price in the East Devon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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 CORNERWAYS 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 16 NOV	£350,000	£445,396	21% below HPI
2014 30 JAN	£249,999	£337,442	26% below HPI

CORNERWAYS 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 CORNERWAYS sales from January 2014 and November 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 119m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where CORNERWAYS lies on this distribution: 76% of detached houses are smaller than CORNERWAYS, and 23% of houses are larger. Note that EPC data is not available for all properties in Honiton.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on EXETER ROAD in HONITON, in the EX14 postcode district. The below map shows the position of CORNERWAYS on EXETER ROAD.