OAKLANDS, MUSBURY ROAD, AXMINSTER, EX13 5JS - £250,000

OAKLANDS is a small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £250,000 in February 2015, which was around 28% below the average February 2015 detached price in the East Devon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three OAKLANDS 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 16 FEB	£250,000	£349,297	28% below HPI
2007 20 SEP	£262,500	£337,668	22% below HPI
1996 17 APR	£75,000	£93,181	20% below HPI

OAKLANDS 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 three OAKLANDS sales between April 1996 and February 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 September 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is OAKLANDS?

OAKLANDS is 88m² according to the EPC inspection conducted in July 2014. 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 OAKLANDS lies on this distribution: 32% of detached houses are smaller than OAKLANDS, and 66% of houses are larger. Note that EPC data is not available for all properties in Axminster.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

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