THE SECRET GARDEN, PIG LANE, AXMINSTER, EX13 5GH - £395,000

THE SECRET GARDEN is a large extended detached house of 127m², built sometime before 1900. It was last sold for £395,000 in September 2012, which was around 18% above the average September 2012 detached price in the East Devon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

THE SECRET GARDEN Sold Prices

Land registry data shows four sales for THE SECRET GARDEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. One of the four THE SECRET GARDEN sales was for above the average price, whilst two 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
2012 5 SEP	£395,000	£334,854	18% above HPI
2007 14 SEP	£300,000	£337,668	11% below HPI
2003 14 OCT	£240,000	£263,365	9% below HPI
1997 25 JUL	£105,000	£104,945	Close to HPI

THE SECRET GARDEN 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 four THE SECRET GARDEN sales between July 1997 and September 2012 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2012 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE SECRET GARDEN?

THE SECRET GARDEN is 127m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where THE SECRET GARDEN lies on this distribution: 77% of detached houses are smaller than THE SECRET GARDEN, and 22% of houses are larger. Note that EPC data is not available for all properties in Axminster.

THE SECRET GARDEN: Plot and Title Map

THE SECRET GARDEN sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of THE SECRET GARDEN, 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 THE SECRET GARDEN). 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 THE SECRET GARDEN?

THE SECRET GARDEN is located on PIG LANE in AXMINSTER, in the EX13 postcode district. The below map shows the position of THE SECRET GARDEN on PIG LANE.