1, NEWLANDS, PAYHEMBURY, HONITON, EX14 3HA - £285,000

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.

1 NEWLANDS is a midsized detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £478,855. It was last sold for £285,000 in August 2006, which was around 10% below the average August 2006 detached price in the East Devon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

1 NEWLANDS Sold Prices

Land registry data shows two sales for 1 NEWLANDS 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. One of the two 1 NEWLANDS sales was for below the average price, whilst the other was for above 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
2006 4 AUG	£285,000	£316,283	10% below HPI
1999 30 APR	£125,000	£120,607	4% above HPI

1 NEWLANDS 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 1 NEWLANDS sales from April 1999 and August 2006 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 April 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2006 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 NEWLANDS be worth now?

1 NEWLANDS might now be worth an estimated £478,855.

This is based on house price inflation of 68%, between August 2006 and October 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 68% inflationary increase is applied to the most recent sale price for 1 NEWLANDS of £285,000 on 4th August 2006. For the value to have increased from £285,000 to £478,855 over the eighteen years and ten months to October 2025, the following assumptions must hold true:

• The value of 1 NEWLANDS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2006 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEWLANDS has not materially changed since August 2006.

How Large is 1 NEWLANDS?

1 NEWLANDS is 112m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Payhembury, and where 1 NEWLANDS lies on this distribution: 49% of detached houses houses are smaller than 1 NEWLANDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

1 NEWLANDS: Plot and Title Map

1 NEWLANDS sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 1 NEWLANDS, 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 1 NEWLANDS). 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 1 NEWLANDS?

1 NEWLANDS is located in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of 1 NEWLANDS in PAYHEMBURY.