ELMINA, HORSLEARS, AXMINSTER, EX13 5JX - £415,000

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.

ELMINA is a midsized detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £459,693. It was last sold for £415,000 in January 2022, which was around 15% below the average January 2022 detached price in the East Devon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

ELMINA Sold Prices

Land registry data shows two sales for ELMINA 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 ELMINA 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 17 JAN	£415,000	£487,432	15% below HPI
2013 3 JUN	£202,400	£345,498	41% below HPI

ELMINA 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 ELMINA sales from June 2013 and January 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 June 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might ELMINA be worth now?

ELMINA might now be worth an estimated £459,693.

This is based on house price inflation of 10.8%, between January 2022 and February 2025, 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 10.8% inflationary increase is applied to the most recent sale price for ELMINA of £415,000 on 17th January 2022. For the value to have increased from £415,000 to £459,693 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of ELMINA has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of ELMINA has not materially changed since January 2022.

How Large is ELMINA?

ELMINA is 99m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% 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 ELMINA lies on this distribution: 46% of detached houses houses are smaller than ELMINA, and 53% of houses are larger. Note that EPC data is not available for all properties in Axminster.

ELMINA: Plot and Title Map

ELMINA sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of ELMINA, 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 ELMINA). 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 ELMINA?

ELMINA is located on HORSLEARS in AXMINSTER, in the EX13 postcode district. The below map shows the position of ELMINA on HORSLEARS.