SUMMER DENE, SECTOR LANE, AXMINSTER, EX13 5BP - £285,000

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.

SUMMER DENE is a very small detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £373,756. It was last sold for £285,000 in December 2017, which was around 31% below the average December 2017 detached price in the East Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was D.

SUMMER DENE Sold Prices

Land registry data shows two sales for SUMMER DENE 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 SUMMER DENE 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 11 DEC	£285,000	£411,709	31% below HPI
2007 23 MAR	£230,000	£325,283	29% below HPI

SUMMER DENE 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 SUMMER DENE sales from March 2007 and December 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 March 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might SUMMER DENE be worth now?

SUMMER DENE might now be worth an estimated £373,756.

This is based on house price inflation of 31.1%, between December 2017 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 31.1% inflationary increase is applied to the most recent sale price for SUMMER DENE of £285,000 on 11th December 2017. For the value to have increased from £285,000 to £373,756 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of SUMMER DENE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The December 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMER DENE has not materially changed since December 2017.

How Large is SUMMER DENE?

SUMMER DENE is 68m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 SUMMER DENE lies on this distribution: 6% of detached houses houses are smaller than SUMMER DENE, and 93% of houses are larger. Note that EPC data is not available for all properties in Axminster.

SUMMER DENE: Plot and Title Map

SUMMER DENE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of SUMMER DENE, 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 SUMMER DENE). 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 SUMMER DENE?

SUMMER DENE is located on SECTOR LANE in AXMINSTER, in the EX13 postcode district. The below map shows the position of SUMMER DENE on SECTOR LANE.