GREENBANK, KINGS ROAD, HONITON, EX14 1HW - £293,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREENBANK is a very large extended detached house of 135m², built sometime between 1930 and 1949. It was last sold for £293,000 in May 2018, which was around 29% below the average May 2018 detached price in the East Devon local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was D.

GREENBANK Sold Prices

Land registry data shows two sales for GREENBANK 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 GREENBANK 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
2018 25 MAY	£293,000	£411,037	29% below HPI
1999 31 MAR	£105,500	£115,794	9% below HPI

GREENBANK 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 GREENBANK sales from March 1999 and May 2018 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 March 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is GREENBANK?

GREENBANK is 135m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where GREENBANK lies on this distribution: 86% of detached houses are smaller than GREENBANK, and 13% of houses are larger. Note that EPC data is not available for all properties in Honiton.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of GREENBANK, 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 GREENBANK). 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 GREENBANK?

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