12, CHERRY CLOSE, HONITON, EX14 2XT - £199,950

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.

12 CHERRY CLOSE is a very small terraced house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £288,396. It was last sold for £199,950 in November 2014, which was around 5% above the average November 2014 terraced price in the East Devon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

12 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 12 CHERRY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. Both of the two 12 CHERRY CLOSE sales were 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
2014 11 NOV	£199,950	£190,931	5% above HPI
2007 27 MAR	£175,500	£173,610	1% above HPI

12 CHERRY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Devon local authority area over time, sourced from the HPI. The two 12 CHERRY CLOSE sales from March 2007 and November 2014 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 March 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 12 CHERRY CLOSE be worth now?

12 CHERRY CLOSE might now be worth an estimated £288,396.

This is based on house price inflation of 44.2%, between November 2014 and April 2026, for terraced 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 44.2% inflationary increase is applied to the most recent sale price for 12 CHERRY CLOSE of £199,950 on 11th November 2014. For the value to have increased from £199,950 to £288,396 over the twelve years and seven months to April 2026, the following assumptions must hold true:

• The value of 12 CHERRY CLOSE has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The November 2014 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 12 CHERRY CLOSE has not materially changed since November 2014.

How Large is 12 CHERRY CLOSE?

12 CHERRY CLOSE is 68m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of terraced houses houses in Honiton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Honiton, and where 12 CHERRY CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 12 CHERRY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Honiton.

12 CHERRY CLOSE: Plot and Title Map

12 CHERRY CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 12 CHERRY CLOSE, 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 12 CHERRY CLOSE). 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 12 CHERRY CLOSE?

12 CHERRY CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 12 on CHERRY CLOSE.