3, MARLBOROUGH CLOSE, MUSBURY, AXMINSTER, EX13 8AP - £380,000

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

3 MARLBOROUGH CLOSE is a small detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £388,850. It was last sold for £380,000 in May 2023, which was around 28% below the average May 2023 detached price in the East Devon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was A.

3 MARLBOROUGH CLOSE Sold Prices

Land registry data shows four sales for 3 MARLBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 3 MARLBOROUGH 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
2023 3 MAY	£380,000	£530,557	28% below HPI
2020 20 MAR	£300,000	£444,366	32% below HPI
2013 10 SEP	£250,000	£349,875	29% below HPI
1998 12 JAN	£74,500	£109,981	32% below HPI

3 MARLBOROUGH 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 four 3 MARLBOROUGH CLOSE sales between January 1998 and May 2023 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 March 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 MARLBOROUGH CLOSE be worth now?

3 MARLBOROUGH CLOSE might now be worth an estimated £388,850.

This is based on house price inflation of 2.3%, between May 2023 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 2.3% inflationary increase is applied to the most recent sale price for 3 MARLBOROUGH CLOSE of £380,000 on 3rd May 2023. For the value to have increased from £380,000 to £388,850 over the five months to December 2024, the following assumptions must hold true:

• The value of 3 MARLBOROUGH CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2023 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARLBOROUGH CLOSE has not materially changed since May 2023.

How Large is 3 MARLBOROUGH CLOSE?

3 MARLBOROUGH CLOSE is 103m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses houses in Musbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Musbury, and where 3 MARLBOROUGH CLOSE lies on this distribution: 31% of detached houses houses are smaller than 3 MARLBOROUGH CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Musbury.

3 MARLBOROUGH CLOSE: Plot and Title Map

3 MARLBOROUGH CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 3 MARLBOROUGH 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 3 MARLBOROUGH 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 3 MARLBOROUGH CLOSE?

3 MARLBOROUGH CLOSE is located in MUSBURY, in the EX13 postcode district. The below map shows the position of No. 3 on MARLBOROUGH CLOSE.