7, CEMBRA CLOSE, HONITON, EX14 2UR - £195,000

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.

7 CEMBRA CLOSE is a very small semi-detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £239,265. It was last sold for £195,000 in March 2020, which was around 29% below the average March 2020 semi-detached price in the East Devon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

7 CEMBRA CLOSE Sold Prices

Land registry data shows two sales for 7 CEMBRA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Both of the two 7 CEMBRA 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 18 MAR	£195,000	£275,165	29% below HPI
2011 3 JUN	£184,950	£209,685	12% below HPI

7 CEMBRA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two 7 CEMBRA CLOSE sales from June 2011 and March 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 June 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 7 CEMBRA CLOSE be worth now?

7 CEMBRA CLOSE might now be worth an estimated £239,265.

This is based on house price inflation of 22.7%, between March 2020 and May 2026, for semi-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 22.7% inflationary increase is applied to the most recent sale price for 7 CEMBRA CLOSE of £195,000 on 18th March 2020. For the value to have increased from £195,000 to £239,265 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 CEMBRA CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The March 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CEMBRA CLOSE has not materially changed since March 2020.

How Large is 7 CEMBRA CLOSE?

7 CEMBRA CLOSE is 54m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Honiton, and where 7 CEMBRA CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 7 CEMBRA CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Honiton.

7 CEMBRA CLOSE: Plot and Title Map

7 CEMBRA CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 7 CEMBRA 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 7 CEMBRA 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 7 CEMBRA CLOSE?

7 CEMBRA CLOSE is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 7 on CEMBRA CLOSE.