HIGHLANDS, SHIP LANE, CLYST HONITON, EXETER, EX5 2NQ - £515,000

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

HIGHLANDS is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £515,000 in May 2022, which was around 4% above the average May 2022 detached price in the East Devon local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

HIGHLANDS Sold Prices

Land registry data shows three sales for HIGHLANDS 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. Two of the three HIGHLANDS sales were for above the average price, whilst one was 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
2022 27 MAY	£515,000	£494,913	4% above HPI
2021 28 JUN	£485,000	£449,606	8% above HPI
2020 24 JAN	£320,000	£418,465	24% below HPI

HIGHLANDS 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 HIGHLANDS sales between January 2020 and May 2022 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 June 2021 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is HIGHLANDS?

HIGHLANDS is 79m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Clyst Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Clyst Honiton, and where HIGHLANDS lies on this distribution: 3% of detached houses are smaller than HIGHLANDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Clyst Honiton.

HIGHLANDS: Plot and Title Map

HIGHLANDS sits on a plot of roughly 0.327 of an acre, or 1,324m². The below map shows the location of HIGHLANDS, 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 HIGHLANDS). 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 HIGHLANDS?

HIGHLANDS is located on SHIP LANE in CLYST HONITON, in the EX5 postcode district. The below map shows the position of HIGHLANDS on SHIP LANE.