AXWEY COTTAGE, CHARD ROAD, AXMINSTER, EX13 5EG - £150,000

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.

AXWEY COTTAGE is a very small extended detached house of 38m², built sometime before 1900, which could now be worth an estimated £176,634. It was last sold for £150,000 in November 2020, which was around 67% below the average November 2020 detached price in the East Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

AXWEY COTTAGE Sold Prices

Land registry data shows three sales for AXWEY COTTAGE 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 AXWEY COTTAGE 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 27 NOV	£150,000	£458,512	67% below HPI
2001 15 AUG	£89,000	£177,228	50% below HPI
1998 30 OCT	£59,500	£118,856	50% below HPI

AXWEY COTTAGE 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 AXWEY COTTAGE sales between October 1998 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 August 2001 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2020 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

What might AXWEY COTTAGE be worth now?

AXWEY COTTAGE might now be worth an estimated £176,634.

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 AXWEY COTTAGE of £150,000 on 27th November 2020. For the value to have increased from £150,000 to £176,634 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of AXWEY COTTAGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of AXWEY COTTAGE has not materially changed since November 2020.

How Large is AXWEY COTTAGE?

AXWEY COTTAGE is 38m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 AXWEY COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than AXWEY COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Axminster.

AXWEY COTTAGE: Plot and Title Map

AXWEY COTTAGE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of AXWEY COTTAGE, 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 AXWEY COTTAGE). 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 AXWEY COTTAGE?

AXWEY COTTAGE is located on CHARD ROAD in AXMINSTER, in the EX13 postcode district. The below map shows the position of AXWEY COTTAGE on CHARD ROAD.