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Honiton House Prices Honiton House Prices

The average house price in Honiton is £275,416 using HM Land Registry data.

The average property price increased by £87,226 (38.68%) over the last 5 years and increased by £17,433 (5.9%) over the last 12 months.

Over the last year, there were 167 residential property sales – a decrease of 115 transactions (-68.86%) relative to the previous year. The majority of house sales (34) were in the £150,000 - £212,000 range. Then came properties in the £274,000 - £336,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 38 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 38 new estate agency instructions, 23 agreed home sales and 22 property price reductions.

Postcodes Covered: EX14

5-Year Average Property Prices in Honiton

38.68%

Property prices in Honiton increased by 38.68% 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 Honiton Over the Last Year

5.9%

Property prices in Honiton increased by 5.9% 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.

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).

Property Market Heat Gauge for 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 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 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 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 Honiton since 1995

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

Recent Property Sales in Honiton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Pale Gate Close, Honiton, Devon, EX14 1QR£250,000£245,000-£5,00011 Oct 202325 Mar 2024166 Days
27 Glanvill Way, Honiton, Devon, EX14 2GD£475,000£472,000-£3,00022 Sep 202318 Mar 2024178 Days
15 Heather Close, Honiton, Devon, EX14 2YP£495,000£485,000-£10,00002 Oct 202311 Mar 2024161 Days
9 Courtenay, Honiton, Devon, EX14 1RQ£294,000£287,000-£7,00026 Dec 202306 Mar 202471 Days
20 Walnut Road, Honiton, Devon, EX14 2UG£290,000£285,000-£5,00010 Oct 202309 Feb 2024122 Days
28 Ernsborough Gardens, Honiton, Devon, EX14 1RX£280,000£275,000-£5,00025 Sep 202309 Feb 2024137 Days
46 Fairfield Gardens, Honiton, Devon, EX14 1DW£175,000£170,000-£5,00028 Sep 202301 Feb 2024126 Days
7 Newlands, Honiton, Devon, EX14 1QL£210,000£200,000-£10,00013 Sep 202326 Jan 2024135 Days
13 The Chase, Honiton, Devon, EX14 1QB£395,000£395,000£0025 May 202316 Jan 2024236 Days
6a, The Chase, Honiton, Devon, EX14 1QB£295,000£275,000-£20,00020 Jul 202315 Jan 2024179 Days
7 Hawthorn Close, Honiton, Devon, EX14 1RE£300,000£290,000-£10,00008 Sep 202308 Jan 2024122 Days
25 Haydons Park, Honiton, Devon, EX14 2TA£235,000£215,000-£20,00002 Aug 202319 Dec 2023139 Days
11a, Pine Grove, Honiton, Devon, EX14 2HT£425,000£425,000£0020 Jul 202308 Dec 2023141 Days
29 Dowell Street, Honiton, Devon, EX14 1LT£170,000£167,000-£3,00002 Aug 202301 Dec 2023121 Days
1 Yew Close, Honiton, Devon, EX14 2XR£362,500£335,000-£27,50026 May 202330 Nov 2023188 Days
2a, Rosewell Close, Honiton, Devon, EX14 1QU£250,000£235,000-£15,00014 Jul 202320 Nov 2023129 Days
74 Chestnut Way, Honiton, Devon, EX14 2XF£190,000£187,500-£2,50023 Aug 202317 Nov 202386 Days
27 Pine Grove, Honiton, Devon, EX14 2HU£345,000£335,000-£10,00017 May 202303 Nov 2023170 Days
5 Kings Road, Honiton, Devon, EX14 1HL£469,950£460,000-£9,95015 Mar 202303 Nov 2023233 Days
20 Heather Close, Honiton, Devon, EX14 2YP£525,000£500,000-£25,00022 Jun 202331 Oct 2023131 Days

Most Expensive Streets in Honiton

PostcodeStreetAreaAverageNo. of Sales
EX14 1AXExeter RoadHoniton£561,5004
EX14 3NZWestonHoniton£523,3333
EX14 2HXTurnpikeHoniton£492,0005
EX14 1HWKings RoadHoniton£464,9166
EX14 1ALExeter RoadHoniton£451,3577
EX14 1HLKings RoadHoniton£447,4874
EX14 2UWBalfour CloseHoniton£443,3333
EX14 2HSPine GroveHoniton£440,0004
EX14 2GPDove CloseHoniton£423,7374
EX14 2DBChurch HillHoniton£418,9287

Least Expensive Streets in Honiton

PostcodeStreetAreaAverageNo. of Sales
EX14 1AAHomelace HouseKing Street, Honiton£76,02816
EX14 1FLKings GardensKerslakes Court£81,43419
EX14 1DLGlobe CourtDowell Street, Honiton£85,5505
EX14 1FZTremaine CloseHoniton£126,20010
EX14 1NZOld School CourtHoniton£129,7504
EX14 1NUHolyshute LodgeLangford Road£140,26913
EX14 1HDQueen StreetHoniton£145,1005
EX14 1LTDowell StreetHoniton£145,7508
EX14 2EBCarrington PlaceLilley Walk£149,9005
EX14 1AEKings TerraceHoniton£156,8754

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