GARDEN COTTAGE, MILLHEAD ROAD, HONITON, EX14 1QY - £392,500

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.

GARDEN COTTAGE is a large detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £486,427. It was last sold for £392,500 in July 2019, which was around 10% below the average July 2019 detached price in the East Devon local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

GARDEN COTTAGE Sold Prices

Land registry data shows three sales for GARDEN COTTAGE 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. One of the three GARDEN COTTAGE sales was for below the average price, whilst two were for above 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 5 JUL	£392,500	£435,668	10% below HPI
2015 9 OCT	£415,000	£383,008	8% above HPI
2005 10 JAN	£325,500	£302,257	8% above HPI

GARDEN COTTAGE 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 GARDEN COTTAGE sales between January 2005 and July 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 October 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might GARDEN COTTAGE be worth now?

GARDEN COTTAGE might now be worth an estimated £486,427.

This is based on house price inflation of 23.9%, between July 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 23.9% inflationary increase is applied to the most recent sale price for GARDEN COTTAGE of £392,500 on 5th July 2019. For the value to have increased from £392,500 to £486,427 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of GARDEN COTTAGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2019 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of GARDEN COTTAGE has not materially changed since July 2019.

How Large is GARDEN COTTAGE?

GARDEN COTTAGE is 113m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% 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 GARDEN COTTAGE lies on this distribution: 69% of detached houses houses are smaller than GARDEN COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Honiton.

GARDEN COTTAGE: Plot and Title Map

GARDEN COTTAGE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of GARDEN COTTAGE, 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 GARDEN COTTAGE). 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 GARDEN COTTAGE?

GARDEN COTTAGE is located on MILLHEAD ROAD in HONITON, in the EX14 postcode district. The below map shows the position of GARDEN COTTAGE on MILLHEAD ROAD.