LATCHMOUNT, CHARD ROAD, AXMINSTER, EX13 5ED - £671,050

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.

LATCHMOUNT is a very large extended detached house of 290m², built sometime between 1930 and 1949, which could now be worth an estimated £785,066. It was last sold for £671,050 in August 2021, which was around 45% above the average August 2021 detached price in the East Devon local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

LATCHMOUNT Sold Prices

Land registry data shows two sales for LATCHMOUNT 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 LATCHMOUNT sales were 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
2021 19 AUG	£671,050	£461,511	45% above HPI
2003 20 OCT	£300,052	£271,121	11% above HPI

LATCHMOUNT 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 LATCHMOUNT sales from October 2003 and August 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 October 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might LATCHMOUNT be worth now?

LATCHMOUNT might now be worth an estimated £785,066.

This is based on house price inflation of 17%, between August 2021 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 17% inflationary increase is applied to the most recent sale price for LATCHMOUNT of £671,050 on 19th August 2021. For the value to have increased from £671,050 to £785,066 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of LATCHMOUNT has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2021 sale price of £671,050 represented a fair market value for the property.
• The size, condition, and specification of LATCHMOUNT has not materially changed since August 2021.

How Large is LATCHMOUNT?

LATCHMOUNT is 290m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 10% 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 LATCHMOUNT lies on this distribution: 99% of detached houses houses are smaller than LATCHMOUNT, and 1% of houses are larger. Note that EPC data is not available for all properties in Axminster.

LATCHMOUNT: Plot and Title Map

LATCHMOUNT sits on a plot of roughly 0.357 of an acre, or 1,444m². The below map shows the location of LATCHMOUNT, 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 LATCHMOUNT). 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 LATCHMOUNT?

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