8, MARLBOROUGH CLOSE, MUSBURY, AXMINSTER, EX13 8AP - £280,000

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 MARLBOROUGH CLOSE is a very small semi-detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £283,993. It was last sold for £280,000 in September 2022, which was around 16% below the average September 2022 semi-detached price in the East Devon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

8 MARLBOROUGH CLOSE Sold Prices

Land registry data shows four sales for 8 MARLBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the four 8 MARLBOROUGH 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
2022 1 SEP	£280,000	£333,747	16% below HPI
2019 13 SEP	£178,000	£274,272	35% below HPI
2002 30 OCT	£127,500	£139,666	9% below HPI
2002 25 MAR	£110,000	£114,303	4% below HPI

8 MARLBOROUGH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The four 8 MARLBOROUGH CLOSE sales between March 2002 and September 2022 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 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 MARLBOROUGH CLOSE be worth now?

8 MARLBOROUGH CLOSE might now be worth an estimated £283,993.

This is based on house price inflation of 1.4%, between September 2022 and February 2025, for semi-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 1.4% inflationary increase is applied to the most recent sale price for 8 MARLBOROUGH CLOSE of £280,000 on 1st September 2022. For the value to have increased from £280,000 to £283,993 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 MARLBOROUGH CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The September 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARLBOROUGH CLOSE has not materially changed since September 2022.

How Large is 8 MARLBOROUGH CLOSE?

8 MARLBOROUGH CLOSE is 65m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of semi-detached houses houses in Musbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Musbury, and where 8 MARLBOROUGH CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 8 MARLBOROUGH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Musbury.

8 MARLBOROUGH CLOSE: Plot and Title Map

8 MARLBOROUGH CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 8 MARLBOROUGH 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 8 MARLBOROUGH 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 8 MARLBOROUGH CLOSE?

8 MARLBOROUGH CLOSE is located in MUSBURY, in the EX13 postcode district. The below map shows the position of No. 8 on MARLBOROUGH CLOSE.