GOOD NEWS, SECTOR LANE, AXMINSTER, EX13 5BP - £215,000

GOOD NEWS is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £215,000 in May 2015, which was around 40% below the average May 2015 detached price in the East Devon local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

GOOD NEWS Sold Prices

Land registry data shows two sales for GOOD NEWS 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 GOOD NEWS 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
2015 6 MAY	£215,000	£357,906	40% below HPI
2003 17 OCT	£207,500	£263,365	21% below HPI

GOOD NEWS 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 GOOD NEWS sales from October 2003 and May 2015 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 October 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is GOOD NEWS?

GOOD NEWS is 93m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where GOOD NEWS lies on this distribution: 40% of detached houses are smaller than GOOD NEWS, and 59% of houses are larger. Note that EPC data is not available for all properties in Axminster.

GOOD NEWS: Plot and Title Map

GOOD NEWS sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of GOOD NEWS, 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 GOOD NEWS). 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 GOOD NEWS?

GOOD NEWS is located on SECTOR LANE in AXMINSTER, in the EX13 postcode district. The below map shows the position of GOOD NEWS on SECTOR LANE.