2, LOWER MEAD, AXMINSTER, EX13 5FP - £140,000

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.

2 LOWER MEAD is a midsized flat of 56m², built in 2013, which could now be worth an estimated £176,664. It was last sold for £140,000 in May 2015, which was around 4% below the average May 2015 flat price in the East Devon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was C.

2 LOWER MEAD Sold Prices

Land registry data shows one sale for 2 LOWER MEAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the East Devon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 29 MAY	£140,000	£145,218	4% below HPI

What might 2 LOWER MEAD be worth now?

2 LOWER MEAD might now be worth an estimated £176,664.

This is based on house price inflation of 26.2%, between May 2015 and May 2026, for flats, 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 26.2% inflationary increase is applied to the most recent sale price for 2 LOWER MEAD of £140,000 on 29th May 2015. For the value to have increased from £140,000 to £176,664 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 2 LOWER MEAD has moved in line with the HPI for flats in the East Devon local authority area.
• The May 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWER MEAD has not materially changed since May 2015.

How Large is 2 LOWER MEAD?

2 LOWER MEAD is 56m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of flats in Axminster, based on EPC data. 51% of flats are smaller than 2 LOWER MEAD, and 44% of flats are larger. Note that EPC data is not available for all properties in Axminster.

2 LOWER MEAD: Plot

2 LOWER MEAD sits on a plot of roughly 0.030 of an acre, or 120m².

Where is 2 LOWER MEAD?

2 LOWER MEAD is located in AXMINSTER, in the EX13 postcode district.