5, DRAGONS MEAD, AXMINSTER, EX13 5JY - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 DRAGONS MEAD is a small detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £317,182. It was last sold for £225,000 in October 2015, which was around 41% below the average October 2015 detached price in the East Devon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

5 DRAGONS MEAD Sold Prices

Land registry data shows two sales for 5 DRAGONS MEAD 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 5 DRAGONS MEAD 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
2015 15 OCT	£225,000	£383,008	41% below HPI
2007 20 JUL	£231,500	£346,508	33% below HPI

5 DRAGONS MEAD 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 5 DRAGONS MEAD sales from July 2007 and October 2015 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 5 DRAGONS MEAD be worth now?

5 DRAGONS MEAD might now be worth an estimated £317,182.

This is based on house price inflation of 41%, between October 2015 and February 2025, 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 41% inflationary increase is applied to the most recent sale price for 5 DRAGONS MEAD of £225,000 on 15th October 2015. For the value to have increased from £225,000 to £317,182 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 DRAGONS MEAD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DRAGONS MEAD has not materially changed since October 2015.

How Large is 5 DRAGONS MEAD?

5 DRAGONS MEAD is 86m² according to the EPC inspection conducted in March 2011. 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 5 DRAGONS MEAD lies on this distribution: 29% of detached houses houses are smaller than 5 DRAGONS MEAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Axminster.

5 DRAGONS MEAD: Plot and Title Map

5 DRAGONS MEAD sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 5 DRAGONS MEAD, 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 5 DRAGONS MEAD). 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 5 DRAGONS MEAD?

5 DRAGONS MEAD is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 5 on DRAGONS MEAD.