3, LOWER MEAD, AXMINSTER, EX13 5FP - £260,000

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 LOWER MEAD is a very small semi-detached house of 76m², built in 2013, which could now be worth an estimated £263,027. It was last sold for £260,000 in October 2022, which was around 22% below the average October 2022 semi-detached price in the East Devon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was A.

3 LOWER MEAD Sold Prices

Land registry data shows two sales for 3 LOWER MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Both of the two 3 LOWER MEAD 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 10 OCT	£260,000	£333,742	22% below HPI
2015 20 APR	£188,650	£223,760	16% below HPI

3 LOWER MEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two 3 LOWER MEAD sales from April 2015 and October 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 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 LOWER MEAD be worth now?

3 LOWER MEAD might now be worth an estimated £263,027.

This is based on house price inflation of 1.2%, between October 2022 and May 2026, for semi-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 1.2% inflationary increase is applied to the most recent sale price for 3 LOWER MEAD of £260,000 on 10th October 2022. For the value to have increased from £260,000 to £263,027 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 3 LOWER MEAD has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The October 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWER MEAD has not materially changed since October 2022.

How Large is 3 LOWER MEAD?

3 LOWER MEAD is 76m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of semi-detached houses houses in Axminster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Axminster, and where 3 LOWER MEAD lies on this distribution: 15% of semi-detached houses houses are smaller than 3 LOWER MEAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Axminster.

3 LOWER MEAD: Plot and Title Map

3 LOWER MEAD sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 3 LOWER MEAD, 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 LOWER MEAD). 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 LOWER MEAD?

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