RUSSETS, BLACKHORSE LANE, CLYST HONITON, EXETER, EX5 2AR - £310,000

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.

RUSSETS is a midsized extended detached house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £436,508. It was last sold for £310,000 in March 2016, which was around 18% below the average March 2016 detached price in the East Devon local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

RUSSETS Sold Prices

Land registry data shows three sales for RUSSETS 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. All of the three RUSSETS 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
2016 23 MAR	£310,000	£379,872	18% below HPI
2012 17 FEB	£286,000	£339,186	16% below HPI
2008 29 FEB	£268,000	£353,842	24% below HPI

RUSSETS 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 RUSSETS sales between February 2008 and March 2016 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 February 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might RUSSETS be worth now?

RUSSETS might now be worth an estimated £436,508.

This is based on house price inflation of 40.8%, between March 2016 and March 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 40.8% inflationary increase is applied to the most recent sale price for RUSSETS of £310,000 on 23rd March 2016. For the value to have increased from £310,000 to £436,508 over the nine years to March 2025, the following assumptions must hold true:

• The value of RUSSETS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of RUSSETS has not materially changed since March 2016.

How Large is RUSSETS?

RUSSETS is 108m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses houses in Clyst Honiton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clyst Honiton, and where RUSSETS lies on this distribution: 46% of detached houses houses are smaller than RUSSETS, and 54% of houses are larger. Note that EPC data is not available for all properties in Clyst Honiton.

RUSSETS: Plot and Title Map

RUSSETS sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of RUSSETS, 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 RUSSETS). 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 RUSSETS?

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