3, NORMAN CLOSE, AXMINSTER, EX13 5GP - £320,000

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 NORMAN CLOSE is a large detached house of 117m². It was last sold for £320,000 in July 2019, which was around 24% below the average July 2019 detached price in the East Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

3 NORMAN CLOSE Sold Prices

Land registry data shows two sales for 3 NORMAN 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 3 NORMAN 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
2019 26 JUL	£320,000	£423,205	24% below HPI
2016 12 APR	£335,000	£368,567	9% below HPI

3 NORMAN 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 3 NORMAN CLOSE sales from April 2016 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 April 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 NORMAN CLOSE?

3 NORMAN CLOSE is 117m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where 3 NORMAN CLOSE lies on this distribution: 66% of detached houses are smaller than 3 NORMAN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Axminster.

3 NORMAN CLOSE: Plot and Title Map

3 NORMAN CLOSE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 3 NORMAN 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 NORMAN 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 NORMAN CLOSE?

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