12, RIDGEWAY, HONITON, EX14 2GF - £385,000

12 RIDGEWAY is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £385,000 in January 2022, which was around 19% below the average January 2022 detached price in the East Devon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

12 RIDGEWAY Sold Prices

Land registry data shows two sales for 12 RIDGEWAY 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. Both of the two 12 RIDGEWAY 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
2022 24 JAN	£385,000	£473,724	19% below HPI
1997 14 NOV	£97,950	£106,619	8% below HPI

12 RIDGEWAY 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 12 RIDGEWAY sales from November 1997 and January 2022 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 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 RIDGEWAY?

12 RIDGEWAY is 68m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 12 RIDGEWAY lies on this distribution: 10% of detached houses are smaller than 12 RIDGEWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Honiton.

12 RIDGEWAY: Plot and Title Map

12 RIDGEWAY sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 12 RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

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