3, SWAIN CLOSE, AXMINSTER, EX13 5HX - £228,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 SWAIN CLOSE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £228,000 in February 2020, which was around 46% below the average February 2020 detached price in the East Devon local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

3 SWAIN CLOSE Sold Prices

Land registry data shows four sales for 3 SWAIN 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 SWAIN 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
2020 24 FEB	£228,000	£424,824	46% below HPI
2017 25 JUL	£227,000	£397,304	43% below HPI
2014 24 JAN	£193,000	£337,442	43% below HPI
2006 7 DEC	£182,500	£314,067	42% below HPI

3 SWAIN 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 SWAIN CLOSE sales between December 2006 and February 2020 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 July 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 3 SWAIN CLOSE?

3 SWAIN CLOSE is 74m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% 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 SWAIN CLOSE lies on this distribution: 13% of detached houses are smaller than 3 SWAIN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Axminster.

3 SWAIN CLOSE: Plot and Title Map

3 SWAIN CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 3 SWAIN 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 SWAIN 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 SWAIN CLOSE?

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