2, LATCHES WALK, AXMINSTER, EX13 5DQ - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LATCHES WALK is a small detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £368,458. It was last sold for £265,000 in October 2016, which was around 32% below the average October 2016 detached price in the East Devon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 LATCHES WALK Sold Prices

Land registry data shows two sales for 2 LATCHES WALK 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 LATCHES WALK 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
2016 21 OCT	£265,000	£390,470	32% below HPI
1998 14 AUG	£120,000	£121,143	1% below HPI

2 LATCHES WALK 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 LATCHES WALK sales from August 1998 and October 2016 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 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 LATCHES WALK be worth now?

2 LATCHES WALK might now be worth an estimated £368,458.

This is based on house price inflation of 39%, between October 2016 and December 2024, 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 39% inflationary increase is applied to the most recent sale price for 2 LATCHES WALK of £265,000 on 21st October 2016. For the value to have increased from £265,000 to £368,458 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 LATCHES WALK has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2016 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LATCHES WALK has not materially changed since October 2016.

How Large is 2 LATCHES WALK?

2 LATCHES WALK is 89m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 LATCHES WALK lies on this distribution: 33% of detached houses houses are smaller than 2 LATCHES WALK, and 65% of houses are larger. Note that EPC data is not available for all properties in Axminster.

2 LATCHES WALK: Plot and Title Map

2 LATCHES WALK sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 2 LATCHES WALK, 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 LATCHES WALK). 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 LATCHES WALK?

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