3, LATCHMOUNT GARDENS, AXMINSTER, EX13 5JT - £450,000

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 LATCHMOUNT GARDENS is a midsized detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £471,378. It was last sold for £450,000 in April 2022, which was around 11% below the average April 2022 detached price in the East Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

3 LATCHMOUNT GARDENS Sold Prices

Land registry data shows four sales for 3 LATCHMOUNT GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Most of the four 3 LATCHMOUNT GARDENS sales were for below 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
2022 5 APR	£450,000	£507,316	11% below HPI
2021 13 APR	£400,000	£457,725	13% below HPI
2016 30 JUN	£377,000	£379,787	1% below HPI
2011 14 JUN	£340,000	£337,890	1% above HPI

3 LATCHMOUNT GARDENS 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 four 3 LATCHMOUNT GARDENS sales between June 2011 and April 2022 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 April 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 LATCHMOUNT GARDENS be worth now?

3 LATCHMOUNT GARDENS might now be worth an estimated £471,378.

This is based on house price inflation of 4.8%, between April 2022 and October 2025, 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 4.8% inflationary increase is applied to the most recent sale price for 3 LATCHMOUNT GARDENS of £450,000 on 5th April 2022. For the value to have increased from £450,000 to £471,378 over the two years and six months to October 2025, the following assumptions must hold true:

• The value of 3 LATCHMOUNT GARDENS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LATCHMOUNT GARDENS has not materially changed since April 2022.

How Large is 3 LATCHMOUNT GARDENS?

3 LATCHMOUNT GARDENS is 99m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Axminster, and where 3 LATCHMOUNT GARDENS lies on this distribution: 46% of detached houses houses are smaller than 3 LATCHMOUNT GARDENS, and 53% of houses are larger. Note that EPC data is not available for all properties in Axminster.

3 LATCHMOUNT GARDENS: Plot and Title Map

3 LATCHMOUNT GARDENS sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 3 LATCHMOUNT GARDENS, 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 3 LATCHMOUNT GARDENS). 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 3 LATCHMOUNT GARDENS?

3 LATCHMOUNT GARDENS is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 3 on LATCHMOUNT GARDENS.