2, CYPRESS CLOSE, HONITON, EX14 2YW - £270,000

2 CYPRESS CLOSE is a very small detached house of 52m², built sometime between 1983 and 1990. It was last sold for £270,000 in September 2020, which was around 39% below the average September 2020 detached price in the East Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

2 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 2 CYPRESS 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 CYPRESS 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
2020 9 SEP	£270,000	£442,477	39% below HPI
2003 10 APR	£160,000	£249,392	36% below HPI

2 CYPRESS 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 CYPRESS CLOSE sales from April 2003 and September 2020 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 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 CYPRESS CLOSE?

2 CYPRESS CLOSE is 52m² according to the EPC inspection conducted in June 2020. 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 2 CYPRESS CLOSE lies on this distribution: 2% of detached houses are smaller than 2 CYPRESS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Honiton.

2 CYPRESS CLOSE: Plot and Title Map

2 CYPRESS CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 CYPRESS 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 CYPRESS 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 CYPRESS CLOSE?

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