SPINDLEWOOD, COTFIELD CLOSE, HONITON, EX14 1QX - £235,000

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.

SPINDLEWOOD is a very large extended detached house of 136m², built sometime between 1976 and 1982, which could now be worth an estimated £334,013. It was last sold for £235,000 in March 2016, which was around 38% below the average March 2016 detached price in the East Devon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

SPINDLEWOOD Sold Prices

Land registry data shows three sales for SPINDLEWOOD 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 SPINDLEWOOD 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 18 MAR	£235,000	£379,872	38% below HPI
2003 29 JUL	£205,000	£263,089	22% below HPI
1998 29 JUL	£95,000	£119,385	20% below HPI

SPINDLEWOOD 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 SPINDLEWOOD sales between July 1998 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 July 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might SPINDLEWOOD be worth now?

SPINDLEWOOD might now be worth an estimated £334,013.

This is based on house price inflation of 42.1%, between March 2016 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 42.1% inflationary increase is applied to the most recent sale price for SPINDLEWOOD of £235,000 on 18th March 2016. For the value to have increased from £235,000 to £334,013 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of SPINDLEWOOD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2016 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of SPINDLEWOOD has not materially changed since March 2016.

How Large is SPINDLEWOOD?

SPINDLEWOOD is 136m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% 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 SPINDLEWOOD lies on this distribution: 86% of detached houses houses are smaller than SPINDLEWOOD, and 14% of houses are larger. Note that EPC data is not available for all properties in Honiton.

SPINDLEWOOD: Plot and Title Map

SPINDLEWOOD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of SPINDLEWOOD, 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 SPINDLEWOOD). 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 SPINDLEWOOD?

SPINDLEWOOD is located on COTFIELD CLOSE in HONITON, in the EX14 postcode district. The below map shows the position of SPINDLEWOOD on COTFIELD CLOSE.