FAIRGREEN, BEAVOR LANE, AXMINSTER, EX13 5EQ - £377,500

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

FAIRGREEN is a large extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £377,500 in June 2021, which was around 16% below the average June 2021 detached price in the East Devon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

FAIRGREEN Sold Prices

Land registry data shows four sales for FAIRGREEN 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 FAIRGREEN 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 18 JUN	£377,500	£449,606	16% below HPI
2012 30 AUG	£320,000	£335,221	5% below HPI
2009 14 APR	£280,000	£296,511	6% below HPI
2004 24 SEP	£210,000	£292,652	28% below HPI

FAIRGREEN 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 FAIRGREEN sales between September 2004 and June 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 August 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is FAIRGREEN?

FAIRGREEN is 112m², which includes two extensions, according to the EPC inspection conducted in March 2012. 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 FAIRGREEN lies on this distribution: 64% of detached houses are smaller than FAIRGREEN, and 36% of houses are larger. Note that EPC data is not available for all properties in Axminster.

FAIRGREEN: Plot and Title Map

FAIRGREEN sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of FAIRGREEN, 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 FAIRGREEN). 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 FAIRGREEN?

FAIRGREEN is located on BEAVOR LANE in AXMINSTER, in the EX13 postcode district. The below map shows the position of FAIRGREEN on BEAVOR LANE.