MERRYFIELD, WELLMEAD, KILMINGTON, AXMINSTER, EX13 7SQ - £247,500

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

MERRYFIELD is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £247,500 in March 2019, which was around 43% below the average March 2019 detached price in the East Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

MERRYFIELD Sold Prices

Land registry data shows three sales for MERRYFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three MERRYFIELD 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
2019 29 MAR	£247,500	£436,026	43% below HPI
2003 23 MAY	£179,950	£250,448	28% below HPI
1997 28 MAY	£67,500	£99,379	32% below HPI

MERRYFIELD 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 three MERRYFIELD sales between May 1997 and March 2019 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 May 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is MERRYFIELD?

MERRYFIELD is 65m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Kilmington, based on EPC data. The below chart shows the distribution of detached houses by size in Kilmington, and where MERRYFIELD lies on this distribution: 3% of detached houses are smaller than MERRYFIELD, and 97% of houses are larger. Note that EPC data is not available for all properties in Kilmington.

MERRYFIELD: Plot and Title Map

MERRYFIELD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of MERRYFIELD, 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 MERRYFIELD). 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 MERRYFIELD?

MERRYFIELD is located on WELLMEAD in KILMINGTON, in the EX13 postcode district. The below map shows the position of MERRYFIELD on WELLMEAD.