CRANMERE, MUSBURY ROAD, AXMINSTER, EX13 5JS - £381,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CRANMERE is a large extended detached house of 133m², built sometime between 1900 and 1929, which could now be worth an estimated £450,071. It was last sold for £381,000 in May 2021, which was around 17% below the average May 2021 detached price in the East Devon local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

CRANMERE Sold Prices

Land registry data shows four sales for CRANMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four CRANMERE 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
2021 6 MAY	£381,000	£459,594	17% below HPI
2009 14 SEP	£265,000	£323,220	18% below HPI
2007 17 DEC	£273,100	£347,512	21% below HPI
1997 12 DEC	£87,000	£108,420	20% below HPI

CRANMERE 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 four CRANMERE sales between December 1997 and May 2021 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 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might CRANMERE be worth now?

CRANMERE might now be worth an estimated £450,071.

This is based on house price inflation of 18.1%, between May 2021 and December 2024, 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 18.1% inflationary increase is applied to the most recent sale price for CRANMERE of £381,000 on 6th May 2021. For the value to have increased from £381,000 to £450,071 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of CRANMERE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2021 sale price of £381,000 represented a fair market value for the property.
• The size, condition, and specification of CRANMERE has not materially changed since May 2021.

How Large is CRANMERE?

CRANMERE is 133m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% 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 CRANMERE lies on this distribution: 80% of detached houses houses are smaller than CRANMERE, and 20% of houses are larger. Note that EPC data is not available for all properties in Axminster.

CRANMERE: Plot and Title Map

CRANMERE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of CRANMERE, 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 CRANMERE). 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 CRANMERE?

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