DEVONIA, LYME ROAD, AXMINSTER, EX13 5BQ - £440,000

DEVONIA is a small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £440,000 in December 2022, which was around 13% below the average December 2022 detached price in the East Devon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

DEVONIA Sold Prices

Land registry data shows four sales for DEVONIA 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 DEVONIA 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 16 DEC	£440,000	£507,233	13% below HPI
2016 23 AUG	£345,000	£379,651	9% below HPI
2007 25 MAY	£290,000	£325,658	11% below HPI
2006 3 NOV	£209,950	£309,272	32% below HPI

DEVONIA 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 DEVONIA sales between November 2006 and December 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 August 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is DEVONIA?

DEVONIA is 81m² according to the EPC inspection conducted in May 2016. 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 DEVONIA lies on this distribution: 21% of detached houses are smaller than DEVONIA, and 79% of houses are larger. Note that EPC data is not available for all properties in Axminster.

DEVONIA: Plot and Title Map

DEVONIA sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of DEVONIA, 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 DEVONIA). 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 DEVONIA?

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