5, LOWER MEAD, AXMINSTER, EX13 5FP - £220,000

5 LOWER MEAD is a small detached house of 84m². It was last sold for £220,000 in October 2018, which was around 48% below the average October 2018 detached price in the East Devon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was A.

5 LOWER MEAD Sold Prices

Land registry data shows two sales for 5 LOWER MEAD 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 5 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
2018 15 OCT	£220,000	£425,428	48% below HPI
2015 3 JUL	£198,000	£363,188	45% below HPI

5 LOWER MEAD 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 5 LOWER MEAD sales from July 2015 and October 2018 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 July 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 5 LOWER MEAD?

5 LOWER MEAD is 84m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where 5 LOWER MEAD lies on this distribution: 24% of detached houses are smaller than 5 LOWER MEAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Axminster.

5 LOWER MEAD: Plot and Title Map

5 LOWER MEAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 5 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 5 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 5 LOWER MEAD?

5 LOWER MEAD is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 5 on LOWER MEAD.