BRAEMAR, MUSBURY ROAD, AXMINSTER, EX13 5JR - £222,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BRAEMAR is a large extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £222,000 in July 2014, which was around 36% below the average July 2014 detached price in the East Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

BRAEMAR Sold Prices

Land registry data shows three sales for BRAEMAR 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 BRAEMAR 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
2014 30 JUL	£222,000	£347,494	36% below HPI
2001 29 AUG	£135,000	£172,158	22% below HPI
1995 18 AUG	£72,000	£94,422	24% below HPI

BRAEMAR 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 BRAEMAR sales between August 1995 and July 2014 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is BRAEMAR?

BRAEMAR is 110m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where BRAEMAR lies on this distribution: 61% of detached houses are smaller than BRAEMAR, and 38% of houses are larger. Note that EPC data is not available for all properties in Axminster.

BRAEMAR: Plot and Title Map

BRAEMAR sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of BRAEMAR, 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 BRAEMAR). 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 BRAEMAR?

BRAEMAR is located on MUSBURY ROAD in AXMINSTER, in the EX13 postcode district. The below map shows the position of BRAEMAR on MUSBURY ROAD.