CEDAR LODGE, MUSBURY ROAD, AXMINSTER, EX13 5JR - £410,000

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

CEDAR LODGE is a very large extended detached house of 187m², built sometime between 1996 and 2002. It was last sold for £410,000 in September 2018, which was around 3% below the average September 2018 detached price in the East Devon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

CEDAR LODGE Sold Prices

Land registry data shows two sales for CEDAR LODGE 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. One of the two CEDAR LODGE sales was for below the average price, whilst the other was for above 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
2018 20 SEP	£410,000	£422,368	3% below HPI
2005 14 SEP	£340,000	£291,308	17% above HPI

CEDAR LODGE 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 CEDAR LODGE sales from September 2005 and September 2018 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 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is CEDAR LODGE?

CEDAR LODGE is 187m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where CEDAR LODGE lies on this distribution: 96% of detached houses are smaller than CEDAR LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Axminster.

CEDAR LODGE: Plot and Title Map

CEDAR LODGE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of CEDAR LODGE, 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 CEDAR LODGE). 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 CEDAR LODGE?

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