3, CROSSCUT WAY, HONITON, EX14 2DX - £245,000

3 CROSSCUT WAY is a large extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £245,000 in June 2011, which was around 25% below the average June 2011 detached price in the East Devon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

3 CROSSCUT WAY Sold Prices

Land registry data shows five sales for 3 CROSSCUT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the five 3 CROSSCUT WAY 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
2011 3 JUN	£245,000	£328,224	25% below HPI
2005 6 MAY	£235,000	£291,464	19% below HPI
2003 4 AUG	£204,950	£261,841	22% below HPI
2000 21 DEC	£123,000	£156,167	21% below HPI
2000 28 APR	£102,950	£139,253	26% below HPI

3 CROSSCUT WAY 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 five 3 CROSSCUT WAY sales between April 2000 and June 2011 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 May 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 CROSSCUT WAY?

3 CROSSCUT WAY is 114m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 30% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 3 CROSSCUT WAY lies on this distribution: 71% of detached houses are smaller than 3 CROSSCUT WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Honiton.

3 CROSSCUT WAY: Plot and Title Map

3 CROSSCUT WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 CROSSCUT WAY, 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 3 CROSSCUT WAY). 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 3 CROSSCUT WAY?

3 CROSSCUT WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 3 on CROSSCUT WAY.