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House Prices in EX14

The average house price in EX14 (Honiton) is £386,818 using HM Land Registry data.

The average property price increased by £82,835 (25.15%) over the last 5 years and increased by £16,555 (3.82%) over the last 12 months.

Over the last year, there were 247 residential property sales – a decrease of 160 transactions (-64.78%) relative to the previous year. The majority of house sales (63) were in the £248,000 - £326,000 range. Then came properties in the £170,000 - £248,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,286 (-2%).

In April 2024, there were 87 new estate agency instructions, 36 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in EX14 (Honiton)

25.15%

Property prices in Honiton increased by 25.15% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in EX14 (Honiton) Over the Last Year

3.82%

Property prices in Honiton increased by 3.82% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for EX14 (Honiton) - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in EX14 (Honiton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in EX14 (Honiton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in EX14 (Honiton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the EX14 (Honiton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX14 postcode area since 1995.

Recent Sales in EX14 (Honiton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Pale Gate Close, Honiton, Devon, EX14 1QR	£250,000	£245,000	-£5,000	11 Oct 2023	25 Mar 2024	166 Days
27 Glanvill Way, Honiton, Devon, EX14 2GD	£475,000	£472,000	-£3,000	22 Sep 2023	18 Mar 2024	178 Days
15 Heather Close, Honiton, Devon, EX14 2YP	£495,000	£485,000	-£10,000	02 Oct 2023	11 Mar 2024	161 Days
9 Courtenay, Honiton, Devon, EX14 1RQ	£294,000	£287,000	-£7,000	26 Dec 2023	06 Mar 2024	71 Days
20 Walnut Road, Honiton, Devon, EX14 2UG	£290,000	£285,000	-£5,000	10 Oct 2023	09 Feb 2024	122 Days
28 Ernsborough Gardens, Honiton, Devon, EX14 1RX	£280,000	£275,000	-£5,000	25 Sep 2023	09 Feb 2024	137 Days
46 Fairfield Gardens, Honiton, Devon, EX14 1DW	£175,000	£170,000	-£5,000	28 Sep 2023	01 Feb 2024	126 Days
7 Newlands, Honiton, Devon, EX14 1QL	£210,000	£200,000	-£10,000	13 Sep 2023	26 Jan 2024	135 Days
8 Rhododendron Avenue, Dunkeswell, Honiton, Devon, EX14 4UT	£210,000	£200,000	-£10,000	28 Apr 2023	16 Jan 2024	263 Days
13 The Chase, Honiton, Devon, EX14 1QB	£395,000	£395,000	£00	25 May 2023	16 Jan 2024	236 Days
6a, The Chase, Honiton, Devon, EX14 1QB	£295,000	£275,000	-£20,000	20 Jul 2023	15 Jan 2024	179 Days
7 Hawthorn Close, Honiton, Devon, EX14 1RE	£300,000	£290,000	-£10,000	08 Sep 2023	08 Jan 2024	122 Days
5 Tencery Orchard, Dunkeswell, Honiton, Devon, EX14 4QA	£230,000	£215,000	-£15,000	09 Oct 2023	05 Jan 2024	88 Days
25 Haydons Park, Honiton, Devon, EX14 2TA	£235,000	£215,000	-£20,000	02 Aug 2023	19 Dec 2023	139 Days
2 Kennedy Way, Dunkeswell, Honiton, Devon, EX14 4XG	£330,000	£330,000	£00	16 Oct 2023	14 Dec 2023	59 Days
11a, Pine Grove, Honiton, Devon, EX14 2HT	£425,000	£425,000	£00	20 Jul 2023	08 Dec 2023	141 Days
29 Dowell Street, Honiton, Devon, EX14 1LT	£170,000	£167,000	-£3,000	02 Aug 2023	01 Dec 2023	121 Days
10 Wulphere Close, Dunkeswell, Honiton, Devon, EX14 4UU	£225,000	£220,000	-£5,000	11 Aug 2023	01 Dec 2023	112 Days
3 Canterbury Close, Feniton, Honiton, Devon, EX14 3DN	£325,000	£310,000	-£15,000	09 Jun 2023	30 Nov 2023	174 Days
1 Yew Close, Honiton, Devon, EX14 2XR	£362,500	£335,000	-£27,500	26 May 2023	30 Nov 2023	188 Days

Most Expensive Streets in EX14 (Honiton)

Postcode	Street	Area	Average	No. of Sales
EX14 9EL	Stockland	Honiton	£796,666	3
EX14 4TP	Luppitt	Honiton	£692,500	6
EX14 3HJ	Payhembury	Honiton	£621,625	4
EX14 9HD	Cotleigh	Honiton	£602,500	3
EX14 9JY	Hayne Lane, Wilmington	Honiton	£593,341	3
EX14 3HZ	Payhembury	Honiton	£575,000	4
EX14 1AX	Exeter Road	Honiton	£561,500	4
EX14 3HA	Payhembury	Honiton	£543,909	11
EX14 3JY	Broadhembury	Honiton	£535,000	4
EX14 3HX	Barrow Road, Payhembury	Honiton	£534,750	8

Least Expensive Streets in EX14 (Honiton)

Postcode	Street	Area	Average	No. of Sales
EX14 1AA	Homelace House, King Street, Honiton	Honiton	£76,028	16
EX14 1FL	Kings Gardens, Kerslakes Court	Honiton	£81,434	19
EX14 1DL	Globe Court, Dowell Street, Honiton	Honiton	£85,550	5
EX14 1FZ	Tremaine Close	Honiton	£126,200	10
EX14 1NZ	Old School Court	Honiton	£129,750	4
EX14 1NU	Holyshute Lodge, Langford Road	Honiton	£140,269	13
EX14 1HD	Queen Street	Honiton	£145,100	5
EX14 1LT	Dowell Street	Honiton	£145,750	8
EX14 2EB	Carrington Place, Lilley Walk	Honiton	£149,900	5
EX14 4UZ	Jenwood Road, Dunkeswell	Honiton	£151,079	12