4, THREE ACRE CLOSE, AXMINSTER, EX13 5GJ - £260,000

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

4 THREE ACRE CLOSE is a small detached house of 84m², which could now be worth an estimated £304,985. It was last sold for £260,000 in October 2020, which was around 44% below the average October 2020 detached price in the East Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

4 THREE ACRE CLOSE Sold Prices

Land registry data shows three sales for 4 THREE ACRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 4 THREE ACRE 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 14 OCT	£260,000	£462,834	44% below HPI
2017 18 SEP	£234,000	£417,925	44% below HPI
2014 14 FEB	£189,995	£348,882	46% below HPI

4 THREE ACRE 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 three 4 THREE ACRE CLOSE sales between February 2014 and October 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 September 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2020 sale, which was also at 44% below the HPI.

What might 4 THREE ACRE CLOSE be worth now?

4 THREE ACRE CLOSE might now be worth an estimated £304,985.

This is based on house price inflation of 17.3%, between October 2020 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 17.3% inflationary increase is applied to the most recent sale price for 4 THREE ACRE CLOSE of £260,000 on 14th October 2020. For the value to have increased from £260,000 to £304,985 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 THREE ACRE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THREE ACRE CLOSE has not materially changed since October 2020.

How Large is 4 THREE ACRE CLOSE?

4 THREE ACRE CLOSE is 84m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 4 THREE ACRE CLOSE lies on this distribution: 23% of detached houses houses are smaller than 4 THREE ACRE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Axminster.

4 THREE ACRE CLOSE: Plot and Title Map

4 THREE ACRE CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 4 THREE ACRE 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 4 THREE ACRE 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 4 THREE ACRE CLOSE?

4 THREE ACRE CLOSE is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 4 on THREE ACRE CLOSE.