12, WEST CLOSE, AXMINSTER, EX13 5PE - £292,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 WEST CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £292,500 in January 2024, which was around 43% below the average January 2024 detached price in the East Devon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

12 WEST CLOSE Sold Prices

Land registry data shows three sales for 12 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 12 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
2024 23 JAN	£292,500	£511,887	43% below HPI
2015 21 AUG	£225,000	£365,994	39% below HPI
2015 27 MAR	£162,500	£344,582	53% below HPI

12 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 12 WEST CLOSE sales between March 2015 and January 2024 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 August 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 12 WEST CLOSE?

12 WEST CLOSE is 70m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where 12 WEST CLOSE lies on this distribution: 8% of detached houses are smaller than 12 WEST CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Axminster.

12 WEST CLOSE: Plot and Title Map

12 WEST CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 12 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 12 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 12 WEST CLOSE?

12 WEST CLOSE is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 12 on WEST CLOSE.