SHIRALEE, VALE LANE, AXMINSTER, EX13 5PX - £315,000

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

SHIRALEE is a large extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £315,000 in January 2023, which was around 38% below the average January 2023 detached price in the East Devon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

SHIRALEE Sold Prices

Land registry data shows two sales for SHIRALEE 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 SHIRALEE 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
2023 31 JAN	£315,000	£509,685	38% below HPI
2002 22 MAR	£128,000	£190,039	33% below HPI

SHIRALEE 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 SHIRALEE sales from March 2002 and January 2023 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 March 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is SHIRALEE?

SHIRALEE is 109m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where SHIRALEE lies on this distribution: 60% of detached houses are smaller than SHIRALEE, and 39% of houses are larger. Note that EPC data is not available for all properties in Axminster.

SHIRALEE: Plot and Title Map

SHIRALEE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of SHIRALEE, 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 SHIRALEE). 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 SHIRALEE?

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