2, BEECH CLOSE, HONITON, EX14 2UE - £280,000

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.

2 BEECH CLOSE is a very small semi-detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £283,993. It was last sold for £280,000 in September 2022, which was around 16% below the average September 2022 semi-detached price in the East Devon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was C.

2 BEECH CLOSE Sold Prices

Land registry data shows four sales for 2 BEECH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the four 2 BEECH CLOSE 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 26 SEP	£280,000	£333,747	16% below HPI
2017 1 JUN	£220,000	£246,958	11% below HPI
2010 14 JUN	£194,950	£210,183	7% below HPI
2001 1 NOV	£105,000	£106,784	2% below HPI

2 BEECH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The four 2 BEECH CLOSE sales between November 2001 and September 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 June 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 BEECH CLOSE be worth now?

2 BEECH CLOSE might now be worth an estimated £283,993.

This is based on house price inflation of 1.4%, between September 2022 and February 2025, for semi-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 1.4% inflationary increase is applied to the most recent sale price for 2 BEECH CLOSE of £280,000 on 26th September 2022. For the value to have increased from £280,000 to £283,993 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 BEECH CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The September 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEECH CLOSE has not materially changed since September 2022.

How Large is 2 BEECH CLOSE?

2 BEECH CLOSE is 67m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Honiton, and where 2 BEECH CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 2 BEECH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Honiton.

2 BEECH CLOSE: Plot and Title Map

2 BEECH CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 BEECH 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 2 BEECH 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 2 BEECH CLOSE?

2 BEECH CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 2 on BEECH CLOSE.