DESTINY, EXETER ROAD, HONITON, EX14 1AX - £400,000

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

DESTINY is a very large extended detached house of 218m², built sometime between 1996 and 2002. It was last sold for £400,000 in April 2023, which was around 22% below the average April 2023 detached price in the East Devon local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

DESTINY Sold Prices

Land registry data shows two sales for DESTINY 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 DESTINY 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
2023 6 APR	£400,000	£515,295	22% below HPI
2002 1 AUG	£65,000	£219,308	70% below HPI

DESTINY 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 DESTINY sales from August 2002 and April 2023 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 August 2002 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the April 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is DESTINY?

DESTINY is 218m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 10% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where DESTINY lies on this distribution: 99% of detached houses are smaller than DESTINY, and 1% of houses are larger. Note that EPC data is not available for all properties in Honiton.

DESTINY: Plot and Title Map

DESTINY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of DESTINY, 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 DESTINY). 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 DESTINY?

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