MEADS, MUSBURY ROAD, AXMINSTER, EX13 5JR - £250,000

MEADS is a large extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £250,000 in April 2016, which was around 32% below the average April 2016 detached price in the East Devon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

MEADS Sold Prices

Land registry data shows two sales for MEADS 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 MEADS 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
2016 13 APR	£250,000	£368,567	32% below HPI
1997 27 AUG	£65,000	£106,606	39% below HPI

MEADS 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 MEADS sales from August 1997 and April 2016 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 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is MEADS?

MEADS is 113m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 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 MEADS lies on this distribution: 64% of detached houses are smaller than MEADS, and 36% of houses are larger. Note that EPC data is not available for all properties in Axminster.

MEADS: Plot and Title Map

MEADS sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of MEADS, 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 MEADS). 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 MEADS?

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