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

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

3 MARLBOROUGH CLOSE is a small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £380,000 in May 2023, which was around 26% 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	£515,379	26% below HPI
2020 20 MAR	£300,000	£431,655	30% below HPI
2013 10 SEP	£250,000	£339,866	26% below HPI
1998 12 JAN	£74,500	£106,835	30% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

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 30% of detached houses in Musbury, based on EPC data. The below chart shows the distribution of detached houses by size in Musbury, and where 3 MARLBOROUGH CLOSE lies on this distribution: 29% of detached houses are smaller than 3 MARLBOROUGH CLOSE, and 71% 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 0.098 of an acre, or 397m². 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.