BROOKFIELD, MUSBURY ROAD, AXMINSTER, EX13 5JS - £318,000

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.

BROOKFIELD is a very large extended detached house of 135m², built sometime between 1930 and 1949, which could now be worth an estimated £425,843. It was last sold for £318,000 in February 2017, which was around 21% below the average February 2017 detached price in the East Devon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

BROOKFIELD Sold Prices

Land registry data shows three sales for BROOKFIELD 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 BROOKFIELD 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
2017 1 FEB	£318,000	£403,191	21% below HPI
2013 2 AUG	£286,500	£350,014	18% below HPI
2003 27 JUL	£190,000	£263,089	28% below HPI

BROOKFIELD 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 BROOKFIELD sales between July 2003 and February 2017 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might BROOKFIELD be worth now?

BROOKFIELD might now be worth an estimated £425,843.

This is based on house price inflation of 33.9%, between February 2017 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 33.9% inflationary increase is applied to the most recent sale price for BROOKFIELD of £318,000 on 1st February 2017. For the value to have increased from £318,000 to £425,843 over the eight years to February 2025, the following assumptions must hold true:

• The value of BROOKFIELD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2017 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of BROOKFIELD has not materially changed since February 2017.

How Large is BROOKFIELD?

BROOKFIELD is 135m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 BROOKFIELD lies on this distribution: 80% of detached houses houses are smaller than BROOKFIELD, and 19% of houses are larger. Note that EPC data is not available for all properties in Axminster.

BROOKFIELD: Plot and Title Map

BROOKFIELD sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of BROOKFIELD, 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 BROOKFIELD). 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 BROOKFIELD?

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