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

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

LATCHMOUNT is a very large extended detached house of 290m², built sometime between 1930 and 1949. It was last sold for £671,050 in August 2021, which was around 50% 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	£448,309	50% above HPI
2003 20 OCT	£300,052	£263,365	14% 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

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 in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where LATCHMOUNT lies on this distribution: 99% of detached 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.