3, HEDGE FIELD CLOSE, GITTISHAM, HONITON, EX14 3FP - £387,500

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.

3 HEDGE FIELD CLOSE is a large detached house of 122m², which could now be worth an estimated £455,230. It was last sold for £387,500 in May 2021, which was around 16% below the average May 2021 detached price in the East Devon local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

3 HEDGE FIELD CLOSE Sold Prices

Land registry data shows two sales for 3 HEDGE FIELD 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 3 HEDGE FIELD 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
2021 5 MAY	£387,500	£459,594	16% below HPI
2018 29 OCT	£374,950	£437,956	14% below HPI

3 HEDGE FIELD 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 3 HEDGE FIELD CLOSE sales from October 2018 and May 2021 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 October 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 HEDGE FIELD CLOSE be worth now?

3 HEDGE FIELD CLOSE might now be worth an estimated £455,230.

This is based on house price inflation of 17.5%, between May 2021 and February 2025, for 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 17.5% inflationary increase is applied to the most recent sale price for 3 HEDGE FIELD CLOSE of £387,500 on 5th May 2021. For the value to have increased from £387,500 to £455,230 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 3 HEDGE FIELD CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2021 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HEDGE FIELD CLOSE has not materially changed since May 2021.

How Large is 3 HEDGE FIELD CLOSE?

3 HEDGE FIELD CLOSE is 122m² according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honiton, and where 3 HEDGE FIELD CLOSE lies on this distribution: 78% of detached houses houses are smaller than 3 HEDGE FIELD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Honiton.

3 HEDGE FIELD CLOSE: Plot and Title Map

3 HEDGE FIELD CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 3 HEDGE FIELD 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 3 HEDGE FIELD 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 3 HEDGE FIELD CLOSE?

3 HEDGE FIELD CLOSE is located in GITTISHAM, in the EX14 postcode district. The below map shows the position of No. 3 on HEDGE FIELD CLOSE.