SILK PURSE BARN, GEORGE STREET, AXMINSTER, EX13 5DP - £282,500

SILK PURSE BARN is a large semi-detached house of 135m², built sometime between 1983 and 1990. It was last sold for £282,500 in December 2018, which was around 34% below the average December 2018 detached price in the East Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

SILK PURSE BARN Sold Prices

Land registry data shows three sales for SILK PURSE BARN 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 SILK PURSE BARN 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
2018 12 DEC	£282,500	£426,332	34% below HPI
2010 27 OCT	£225,000	£340,322	34% below HPI
2002 27 MAR	£165,000	£190,039	13% below HPI

SILK PURSE BARN 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 SILK PURSE BARN sales between March 2002 and December 2018 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 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2018 sale, which was also at 34% below the HPI.

How Large is SILK PURSE BARN?

SILK PURSE BARN is 135m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where SILK PURSE BARN lies on this distribution: 80% of detached houses are smaller than SILK PURSE BARN, and 19% of houses are larger. Note that EPC data is not available for all properties in Axminster.

SILK PURSE BARN: Plot and Title Map

SILK PURSE BARN sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of SILK PURSE BARN, 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 SILK PURSE BARN). 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 SILK PURSE BARN?

SILK PURSE BARN is located on GEORGE STREET in AXMINSTER, in the EX13 postcode district. The below map shows the position of SILK PURSE BARN on GEORGE STREET.