CEDARCROFT, BEGGARS LANE, HONITON, EX14 1BD - £475,000

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.

CEDARCROFT is a very large detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £567,733. It was last sold for £475,000 in January 2019, which was around 6% above the average January 2019 detached price in the East Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

CEDARCROFT Sold Prices

Land registry data shows two sales for CEDARCROFT 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. One of the two CEDARCROFT sales was for above the average price, whilst the other was roughly equal to 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
2019 18 JAN	£475,000	£449,782	6% above HPI
2013 30 JAN	£330,000	£328,664	Close to HPI

CEDARCROFT 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 CEDARCROFT sales from January 2013 and January 2019 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 January 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might CEDARCROFT be worth now?

CEDARCROFT might now be worth an estimated £567,733.

This is based on house price inflation of 19.5%, between January 2019 and May 2026, 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 19.5% inflationary increase is applied to the most recent sale price for CEDARCROFT of £475,000 on 18th January 2019. For the value to have increased from £475,000 to £567,733 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of CEDARCROFT has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2019 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of CEDARCROFT has not materially changed since January 2019.

How Large is CEDARCROFT?

CEDARCROFT is 157m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% 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 CEDARCROFT lies on this distribution: 91% of detached houses houses are smaller than CEDARCROFT, and 9% of houses are larger. Note that EPC data is not available for all properties in Honiton.

CEDARCROFT: Plot and Title Map

CEDARCROFT sits on a plot of roughly 0.356 of an acre, or 1,440m². The below map shows the location of CEDARCROFT, 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 CEDARCROFT). 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 CEDARCROFT?

CEDARCROFT is located on BEGGARS LANE in HONITON, in the EX14 postcode district. The below map shows the position of CEDARCROFT on BEGGARS LANE.