3, RIDGEWAY, HONITON, EX14 2GF - £320,000

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.

3 RIDGEWAY is a midsized extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £399,914. It was last sold for £320,000 in March 2018, which was around 26% below the average March 2018 detached price in the East Devon local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

3 RIDGEWAY Sold Prices

Land registry data shows one sale for 3 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Devon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 MAR	£320,000	£430,166	26% below HPI

What might 3 RIDGEWAY be worth now?

3 RIDGEWAY might now be worth an estimated £399,914.

This is based on house price inflation of 25%, between March 2018 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 25% inflationary increase is applied to the most recent sale price for 3 RIDGEWAY of £320,000 on 9th March 2018. For the value to have increased from £320,000 to £399,914 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 RIDGEWAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIDGEWAY has not materially changed since March 2018.

How Large is 3 RIDGEWAY?

3 RIDGEWAY is 99m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 50% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 3 RIDGEWAY lies on this distribution: 51% of detached houses are smaller than 3 RIDGEWAY, and 47% of detached houses are larger. Note that EPC data is not available for all properties in Honiton.

3 RIDGEWAY: Plot

3 RIDGEWAY sits on a plot of roughly 0.083 of an acre, or 336m².

Where is 3 RIDGEWAY?

3 RIDGEWAY is located in HONITON, in the EX14 postcode district.