5, NEWBERY CLOSE, AXMINSTER, EX13 5NA - £223,500

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

5 NEWBERY CLOSE is a very small extended detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £408,392. It was last sold for £223,500 in August 2004, which was around 25% below the average August 2004 detached price in the East Devon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

5 NEWBERY CLOSE Sold Prices

Land registry data shows three sales for 5 NEWBERY 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 5 NEWBERY 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
2004 4 AUG	£223,500	£297,119	25% below HPI
2000 11 AUG	£120,000	£158,471	24% below HPI
2000 30 MAR	£115,000	£143,779	20% below HPI

5 NEWBERY 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 5 NEWBERY CLOSE sales between March 2000 and August 2004 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 August 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2004 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 NEWBERY CLOSE be worth now?

5 NEWBERY CLOSE might now be worth an estimated £408,392.

This is based on house price inflation of 82.7%, between August 2004 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 82.7% inflationary increase is applied to the most recent sale price for 5 NEWBERY CLOSE of £223,500 on 4th August 2004. For the value to have increased from £223,500 to £408,392 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 NEWBERY CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2004 sale price of £223,500 represented a fair market value for the property.
• The size, condition, and specification of 5 NEWBERY CLOSE has not materially changed since August 2004.

How Large is 5 NEWBERY CLOSE?

5 NEWBERY CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% 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 NEWBERY CLOSE lies on this distribution: 13% of detached houses houses are smaller than 5 NEWBERY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Axminster.

5 NEWBERY CLOSE: Plot and Title Map

5 NEWBERY CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 NEWBERY 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 5 NEWBERY 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 5 NEWBERY CLOSE?

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