LONG COTTAGE, MUSBURY ROAD, AXMINSTER, EX13 5JG - £370,000

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

LONG COTTAGE is a midsized extended detached house of 98m², built sometime before 1900. It was last sold for £370,000 in August 2017, which was around 8% below the average August 2017 detached price in the East Devon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was D.

LONG COTTAGE Sold Prices

Land registry data shows two sales for LONG COTTAGE 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 LONG COTTAGE 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
2017 17 AUG	£370,000	£402,436	8% below HPI
2014 6 NOV	£320,000	£360,630	11% below HPI

LONG COTTAGE 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 LONG COTTAGE sales from November 2014 and August 2017 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 November 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is LONG COTTAGE?

LONG COTTAGE is 98m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where LONG COTTAGE lies on this distribution: 45% of detached houses are smaller than LONG COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Axminster.

LONG COTTAGE: Plot and Title Map

LONG COTTAGE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of LONG COTTAGE, 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 LONG COTTAGE). 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 LONG COTTAGE?

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