3, TOWER WAY, DUNKESWELL, HONITON, EX14 4XH - £117,500

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 TOWER WAY is a very small terraced house of 43m², built sometime between 1976 and 1982, which could now be worth an estimated £169,780. It was last sold for £117,500 in June 2007, which was around 36% below the average June 2007 terraced price in the East Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was A.

3 TOWER WAY Sold Prices

Land registry data shows five sales for 3 TOWER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. All of the five 3 TOWER 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
2007 22 JUN	£117,500	£183,922	36% below HPI
2006 13 APR	£109,950	£162,598	32% below HPI
2005 29 JUN	£102,000	£155,168	34% below HPI
2000 10 MAY	£42,000	£69,251	39% below HPI
1997 17 APR	£32,000	£48,572	34% below HPI

3 TOWER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Devon local authority area over time, sourced from the HPI. The five 3 TOWER WAY sales between April 1997 and June 2007 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 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2007 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 3 TOWER WAY be worth now?

3 TOWER WAY might now be worth an estimated £169,780.

This is based on house price inflation of 44.5%, between June 2007 and June 2025, for terraced 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 44.5% inflationary increase is applied to the most recent sale price for 3 TOWER WAY of £117,500 on 22nd June 2007. For the value to have increased from £117,500 to £169,780 over the eighteen years to June 2025, the following assumptions must hold true:

• The value of 3 TOWER WAY has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The June 2007 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 3 TOWER WAY has not materially changed since June 2007.

How Large is 3 TOWER WAY?

3 TOWER WAY is 43m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of terraced houses houses in Dunkeswell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dunkeswell, and where 3 TOWER WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 TOWER WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Dunkeswell.

3 TOWER WAY: Plot and Title Map

3 TOWER WAY sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 3 TOWER 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 TOWER 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 TOWER WAY?

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