2, BUTTERY CLOSE, HONITON, EX14 2FB - £220,000

2 BUTTERY CLOSE is a small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £220,000 in December 2004, which was around 24% below the average December 2004 detached price in the East Devon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

2 BUTTERY CLOSE Sold Prices

Land registry data shows two sales for 2 BUTTERY CLOSE 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 2 BUTTERY 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
2004 6 DEC	£220,000	£290,718	24% below HPI
1996 14 NOV	£66,000	£95,856	31% below HPI

2 BUTTERY CLOSE 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 2 BUTTERY CLOSE sales from November 1996 and December 2004 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2004 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 BUTTERY CLOSE?

2 BUTTERY CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 2 BUTTERY CLOSE lies on this distribution: 33% of detached houses are smaller than 2 BUTTERY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Honiton.

2 BUTTERY CLOSE: Plot and Title Map

2 BUTTERY CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 2 BUTTERY 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 BUTTERY 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 BUTTERY CLOSE?

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