2, BROOME CLOSE, AXMINSTER, EX13 5DH - £457,500

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 BROOME CLOSE is a large extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £482,712. It was last sold for £457,500 in July 2022, which was around 11% below the average July 2022 detached price in the East Devon local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

2 BROOME CLOSE Sold Prices

Land registry data shows two sales for 2 BROOME CLOSE 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 2 BROOME 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
2022 6 JUL	£457,500	£511,725	11% below HPI
2019 18 NOV	£280,000	£439,018	36% below HPI

2 BROOME 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 two 2 BROOME CLOSE sales from November 2019 and July 2022 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 November 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 BROOME CLOSE be worth now?

2 BROOME CLOSE might now be worth an estimated £482,712.

This is based on house price inflation of 5.5%, between July 2022 and February 2025, for detached houses, 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 5.5% inflationary increase is applied to the most recent sale price for 2 BROOME CLOSE of £457,500 on 6th July 2022. For the value to have increased from £457,500 to £482,712 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 2 BROOME CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2022 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BROOME CLOSE has not materially changed since July 2022.

How Large is 2 BROOME CLOSE?

2 BROOME CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Axminster, and where 2 BROOME CLOSE lies on this distribution: 70% of detached houses houses are smaller than 2 BROOME CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Axminster.

2 BROOME CLOSE: Plot and Title Map

2 BROOME CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 2 BROOME 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 2 BROOME 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 2 BROOME CLOSE?

2 BROOME CLOSE is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 2 on BROOME CLOSE.