2 Lake Close

    2, LAKE CLOSE, HONITON, EX14 2GZ

    This detached freehold property on Lake Close last sold in October 2024 for £390,000. Based on price growth in the EX14 district since then, its estimated current value is £391,819 — placing it in the 66th percentile nationally and the 73rd percentile within EX14. The property covers 101 m² (1,087 sq ft), giving an estimated value of £3,879 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £390,000

    Oct 2024

    Estimated Valuation

    £391,819

    Est. £/sq ft

    £360/sq ft

    £3,879/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,087 sq ft (101 m²)
    EPC dateJun 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2024

    £390,000

    26 Jan 2000

    New build

    £120,000

    Key Metrics

    Estimated valuation£391,819
    Value per sq ft / m²£360/sq ft (£3,879/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EX14 district percentile73rd percentile
    National percentile66th percentile

    District Context — EX14

    EX14 covers the Axminster and Colyton areas in east Devon, positioned between Exeter and the Dorset border. It is a rural and small-town district with a notably mature population and a strong tradition of owner-occupation.

    Average Property Price - EX14

    £318,357

    48

    National percentile

    Average Net Household Income - EX14

    £38,576

    52

    National percentile

    10-Year Annualised Price Growth - EX14

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - EX

    3.5%

    26

    National percentile

    View full analysis for EX14

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