8, CHARTER ROAD, AXMINSTER, EX13 5GR - £320,000

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.

8 CHARTER ROAD is a large detached house of 110m², which could now be worth an estimated £376,819. It was last sold for £320,000 in November 2020, which was around 30% below the average November 2020 detached price in the East Devon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

8 CHARTER ROAD Sold Prices

Land registry data shows two sales for 8 CHARTER ROAD 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 8 CHARTER ROAD 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 12 NOV	£320,000	£458,512	30% below HPI
2016 29 DEC	£304,995	£398,048	23% below HPI

8 CHARTER ROAD 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 8 CHARTER ROAD sales from December 2016 and November 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 December 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 CHARTER ROAD be worth now?

8 CHARTER ROAD might now be worth an estimated £376,819.

This is based on house price inflation of 17.8%, between November 2020 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 17.8% inflationary increase is applied to the most recent sale price for 8 CHARTER ROAD of £320,000 on 12th November 2020. For the value to have increased from £320,000 to £376,819 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 CHARTER ROAD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHARTER ROAD has not materially changed since November 2020.

How Large is 8 CHARTER ROAD?

8 CHARTER ROAD is 110m² according to the EPC inspection conducted in November 2016. This puts it in the largest 40% 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 8 CHARTER ROAD lies on this distribution: 60% of detached houses houses are smaller than 8 CHARTER ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Axminster.

8 CHARTER ROAD: Plot and Title Map

8 CHARTER ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 CHARTER ROAD, 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 8 CHARTER ROAD). 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 8 CHARTER ROAD?

8 CHARTER ROAD is located in AXMINSTER, in the EX13 postcode district. The below map shows the position of No. 8 on CHARTER ROAD.