PLUMTREE, NORTH STREET, AXMINSTER, EX13 5QF - £275,000

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.

PLUMTREE is a very large detached house of 194m², built sometime between 1996 and 2002, which could now be worth an estimated £321,724. It was last sold for £275,000 in August 2021, which was around 40% below the average August 2021 detached price in the East Devon local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

PLUMTREE Sold Prices

Land registry data shows two sales for PLUMTREE 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 PLUMTREE 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
2021 17 AUG	£275,000	£461,511	40% below HPI
2005 15 JUL	£178,000	£297,641	40% below HPI

PLUMTREE 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 PLUMTREE sales from July 2005 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 July 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2021 sale, which was also at 40% below the HPI.

What might PLUMTREE be worth now?

PLUMTREE might now be worth an estimated £321,724.

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 PLUMTREE of £275,000 on 17th August 2021. For the value to have increased from £275,000 to £321,724 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of PLUMTREE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of PLUMTREE has not materially changed since August 2021.

How Large is PLUMTREE?

PLUMTREE is 194m² according to the EPC inspection conducted in April 2021. 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 PLUMTREE lies on this distribution: 96% of detached houses houses are smaller than PLUMTREE, and 4% of houses are larger. Note that EPC data is not available for all properties in Axminster.

PLUMTREE: Plot and Title Map

PLUMTREE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of PLUMTREE, 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 PLUMTREE). 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 PLUMTREE?

PLUMTREE is located on NORTH STREET in AXMINSTER, in the EX13 postcode district. The below map shows the position of PLUMTREE on NORTH STREET.