RIVERSIDE, WILLHAY LANE, AXMINSTER, EX13 5RW - £550,000

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

RIVERSIDE is a very large detached house of 260m², built sometime between 1967 and 1975. It was last sold for £550,000 in December 2021, which was around 16% above the average December 2021 detached price in the East Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows three sales for RIVERSIDE 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 RIVERSIDE 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 1 DEC	£550,000	£472,889	16% above HPI
2006 20 JUL	£365,000	£306,137	19% above HPI
1999 25 OCT	£175,000	£128,697	36% above HPI

RIVERSIDE 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 RIVERSIDE sales between October 1999 and December 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 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is RIVERSIDE?

RIVERSIDE is 260m² according to the EPC inspection conducted in July 2021. 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 RIVERSIDE lies on this distribution: 98% of detached houses are smaller than RIVERSIDE, and 2% of houses are larger. Note that EPC data is not available for all properties in Axminster.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.450 of an acre, or 1,820m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located on WILLHAY LANE in AXMINSTER, in the EX13 postcode district. The below map shows the position of RIVERSIDE on WILLHAY LANE.