SPENWOOD, EXETER ROAD, HONITON, EX14 1AT - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPENWOOD is a midsized detached house of 97m², built sometime between 1950 and 1966. It was last sold for £360,000 in August 2017, which was around 11% below the average August 2017 detached price in the East Devon local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

SPENWOOD Sold Prices

Land registry data shows five sales for SPENWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Most of the five SPENWOOD 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
2017 25 AUG	£360,000	£402,436	11% below HPI
2005 22 NOV	£285,000	£290,100	2% below HPI
2004 9 JAN	£210,000	£265,616	21% below HPI
2000 3 FEB	£116,000	£135,756	15% below HPI
1997 25 NOV	£112,500	£106,619	6% above HPI

SPENWOOD 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 five SPENWOOD sales between November 1997 and August 2017 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 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SPENWOOD?

SPENWOOD is 97m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where SPENWOOD lies on this distribution: 50% of detached houses are smaller than SPENWOOD, and 50% of houses are larger. Note that EPC data is not available for all properties in Honiton.

SPENWOOD: Plot and Title Map

SPENWOOD sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of SPENWOOD, 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 SPENWOOD). 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 SPENWOOD?

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