CRANMERE, MUSBURY ROAD, AXMINSTER, EX13 5JS - £381,000

CRANMERE is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £381,000 in May 2021, which was around 15% below the average May 2021 detached price in the East Devon local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

CRANMERE Sold Prices

Land registry data shows four sales for CRANMERE 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. All of the four CRANMERE 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 6 MAY	£381,000	£446,447	15% below HPI
2009 14 SEP	£265,000	£313,974	16% below HPI
2007 17 DEC	£273,100	£337,571	19% below HPI
1997 12 DEC	£87,000	£105,318	17% below HPI

CRANMERE 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 CRANMERE sales between December 1997 and May 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 September 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is CRANMERE?

CRANMERE is 133m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 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 CRANMERE lies on this distribution: 79% of detached houses are smaller than CRANMERE, and 21% of houses are larger. Note that EPC data is not available for all properties in Axminster.

CRANMERE: Plot and Title Map

CRANMERE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of CRANMERE, 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 CRANMERE). 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 CRANMERE?

CRANMERE is located on MUSBURY ROAD in AXMINSTER, in the EX13 postcode district. The below map shows the position of CRANMERE on MUSBURY ROAD.