31, MONMOUTH WAY, HONITON, EX14 2GY - £277,500

31 MONMOUTH WAY is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £277,500 in August 2021, which was around 38% below the average August 2021 detached price in the East Devon local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

31 MONMOUTH WAY Sold Prices

Land registry data shows three sales for 31 MONMOUTH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 31 MONMOUTH 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
2021 9 AUG	£277,500	£448,309	38% below HPI
2010 28 MAY	£210,000	£327,738	36% below HPI
2001 4 MAY	£124,950	£161,231	23% below HPI

31 MONMOUTH 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 three 31 MONMOUTH WAY sales between May 2001 and August 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 May 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 31 MONMOUTH WAY?

31 MONMOUTH WAY is 62m² according to the EPC inspection conducted in February 2021. 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 31 MONMOUTH WAY lies on this distribution: 5% of detached houses are smaller than 31 MONMOUTH WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Honiton.

31 MONMOUTH WAY: Plot and Title Map

31 MONMOUTH WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 31 MONMOUTH 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 31 MONMOUTH 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 31 MONMOUTH WAY?

31 MONMOUTH WAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 31 on MONMOUTH WAY.