SHIRALEE, VALE LANE, AXMINSTER, EX13 5PX - £315,000

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.

SHIRALEE is a midsized extended detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £321,123. It was last sold for £315,000 in January 2023, which was around 40% below the average January 2023 detached price in the East Devon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

SHIRALEE Sold Prices

Land registry data shows two sales for SHIRALEE 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 SHIRALEE 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
2023 31 JAN	£315,000	£524,695	40% below HPI
2002 22 MAR	£128,000	£195,635	35% below HPI

SHIRALEE 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 SHIRALEE sales from March 2002 and January 2023 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 March 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might SHIRALEE be worth now?

SHIRALEE might now be worth an estimated £321,123.

This is based on house price inflation of 1.9%, between January 2023 and March 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 1.9% inflationary increase is applied to the most recent sale price for SHIRALEE of £315,000 on 31st January 2023. For the value to have increased from £315,000 to £321,123 over the one year and ten months to March 2025, the following assumptions must hold true:

• The value of SHIRALEE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of SHIRALEE has not materially changed since January 2023.

How Large is SHIRALEE?

SHIRALEE is 109m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 SHIRALEE lies on this distribution: 59% of detached houses houses are smaller than SHIRALEE, and 40% of houses are larger. Note that EPC data is not available for all properties in Axminster.

SHIRALEE: Plot and Title Map

SHIRALEE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of SHIRALEE, 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 SHIRALEE). 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 SHIRALEE?

SHIRALEE is located on VALE LANE in AXMINSTER, in the EX13 postcode district. The below map shows the position of SHIRALEE on VALE LANE.