1, WEST CLOSE, AXMINSTER, EX13 5PE - £179,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WEST CLOSE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £179,000 in January 2007, which was around 44% below the average January 2007 detached price in the East Devon local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

1 WEST CLOSE Sold Prices

Land registry data shows three sales for 1 WEST CLOSE 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 1 WEST CLOSE 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
2007 12 JAN	£179,000	£317,143	44% below HPI
2005 23 SEP	£170,000	£291,308	42% below HPI
1997 12 DEC	£65,000	£105,318	38% below HPI

1 WEST CLOSE 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 1 WEST CLOSE sales between December 1997 and January 2007 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 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2007 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 1 WEST CLOSE?

1 WEST CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in October 2023. 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 1 WEST CLOSE lies on this distribution: 38% of detached houses are smaller than 1 WEST CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Axminster.

1 WEST CLOSE: Plot and Title Map

1 WEST CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 1 WEST CLOSE, 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 1 WEST CLOSE). 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 1 WEST CLOSE?

1 WEST CLOSE is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 1 on WEST CLOSE.