HOPE CORNER, EXETER ROAD, HONITON, EX14 1AL - £210,000

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.

HOPE CORNER is a large extended detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £344,985. It was last sold for £210,000 in January 2013, which was around 36% below the average January 2013 detached price in the East Devon local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

HOPE CORNER Sold Prices

Land registry data shows two sales for HOPE CORNER 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 HOPE CORNER 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
2013 18 JAN	£210,000	£328,664	36% below HPI
1996 26 NOV	£83,500	£98,679	15% below HPI

HOPE CORNER 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 HOPE CORNER sales from November 1996 and January 2013 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 November 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might HOPE CORNER be worth now?

HOPE CORNER might now be worth an estimated £344,985.

This is based on house price inflation of 64.3%, between January 2013 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 64.3% inflationary increase is applied to the most recent sale price for HOPE CORNER of £210,000 on 18th January 2013. For the value to have increased from £210,000 to £344,985 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of HOPE CORNER has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2013 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of HOPE CORNER has not materially changed since January 2013.

How Large is HOPE CORNER?

HOPE CORNER is 112m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% 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 HOPE CORNER lies on this distribution: 69% of detached houses houses are smaller than HOPE CORNER, and 31% of houses are larger. Note that EPC data is not available for all properties in Honiton.

HOPE CORNER: Plot and Title Map

HOPE CORNER sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of HOPE CORNER, 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 HOPE CORNER). 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 HOPE CORNER?

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