FAIRWAY, HORSLEARS, AXMINSTER, EX13 5JU - £310,000

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

FAIRWAY is a large detached house of 110m², built sometime between 1930 and 1949. It was last sold for £310,000 in July 2011, which was around 6% below the average July 2011 detached price in the East Devon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY 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. Both of the two FAIRWAY 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
2011 1 JUL	£310,000	£328,228	6% below HPI
2009 4 DEC	£230,000	£325,480	29% below HPI

FAIRWAY 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 FAIRWAY sales from December 2009 and July 2011 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 December 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is FAIRWAY?

FAIRWAY is 110m² according to the EPC inspection conducted in June 2010. 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 FAIRWAY lies on this distribution: 62% of detached houses are smaller than FAIRWAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Axminster.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on HORSLEARS in AXMINSTER, in the EX13 postcode district. The below map shows the position of FAIRWAY on HORSLEARS.