WELLENS, KINGS ROAD, HONITON, EX14 1HW - £487,500

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

WELLENS is a very large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £487,500 in October 2023, which was around 9% below the average October 2023 detached price in the East Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

WELLENS Sold Prices

Land registry data shows three sales for WELLENS 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 WELLENS 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
2023 26 OCT	£487,500	£533,333	9% below HPI
2017 15 FEB	£284,000	£391,657	27% below HPI
1996 15 AUG	£67,000	£93,431	28% below HPI

WELLENS 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 WELLENS sales between August 1996 and October 2023 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 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is WELLENS?

WELLENS is 137m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where WELLENS lies on this distribution: 87% of detached houses are smaller than WELLENS, and 13% of houses are larger. Note that EPC data is not available for all properties in Honiton.

WELLENS: Plot and Title Map

WELLENS sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of WELLENS, 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 WELLENS). 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 WELLENS?

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