18, CHERRY TREE ROAD, AXMINSTER, EX13 5GQ - £215,000

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

18 CHERRY TREE ROAD is a very small extended detached house of 74m², built sometime between 2003 and 2006. It was last sold for £215,000 in July 2019, which was around 49% below the average July 2019 detached price in the East Devon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

18 CHERRY TREE ROAD Sold Prices

Land registry data shows two sales for 18 CHERRY TREE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 18 CHERRY TREE ROAD 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
2019 5 JUL	£215,000	£423,205	49% below HPI
2005 23 MAY	£185,000	£291,464	37% below HPI

18 CHERRY TREE ROAD 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 two 18 CHERRY TREE ROAD sales from May 2005 and July 2019 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 May 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 18 CHERRY TREE ROAD?

18 CHERRY TREE ROAD is 74m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 18 CHERRY TREE ROAD lies on this distribution: 12% of detached houses are smaller than 18 CHERRY TREE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Axminster.

18 CHERRY TREE ROAD: Plot and Title Map

18 CHERRY TREE ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 18 CHERRY TREE ROAD, 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 18 CHERRY TREE ROAD). 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 18 CHERRY TREE ROAD?

18 CHERRY TREE ROAD is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 18 on CHERRY TREE ROAD.