3, THREE ACRE CLOSE, AXMINSTER, EX13 5GJ - £265,750

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 THREE ACRE CLOSE is a very small detached house of 76m², built in 2013, which could now be worth an estimated £308,667. It was last sold for £265,750 in June 2021, which was around 43% below the average June 2021 detached price in the East Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

3 THREE ACRE CLOSE Sold Prices

Land registry data shows two sales for 3 THREE ACRE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 3 THREE ACRE CLOSE 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
2021 18 JUN	£265,750	£462,846	43% below HPI
2014 20 FEB	£177,500	£348,882	49% below HPI

3 THREE ACRE CLOSE 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 two 3 THREE ACRE CLOSE sales from February 2014 and June 2021 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 February 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 THREE ACRE CLOSE be worth now?

3 THREE ACRE CLOSE might now be worth an estimated £308,667.

This is based on house price inflation of 16.1%, between June 2021 and May 2026, 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 16.1% inflationary increase is applied to the most recent sale price for 3 THREE ACRE CLOSE of £265,750 on 18th June 2021. For the value to have increased from £265,750 to £308,667 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 3 THREE ACRE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2021 sale price of £265,750 represented a fair market value for the property.
• The size, condition, and specification of 3 THREE ACRE CLOSE has not materially changed since June 2021.

How Large is 3 THREE ACRE CLOSE?

3 THREE ACRE CLOSE is 76m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 THREE ACRE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 3 THREE ACRE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Axminster.

3 THREE ACRE CLOSE: Plot and Title Map

3 THREE ACRE CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 3 THREE ACRE CLOSE, 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 THREE ACRE CLOSE). 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 THREE ACRE CLOSE?

3 THREE ACRE CLOSE is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 3 on THREE ACRE CLOSE.