THE ROWANS, WILLHAY LANE, AXMINSTER, EX13 5RW - £286,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE ROWANS is a very large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £286,000 in August 2014, which was around 19% below the average August 2014 detached price in the East Devon local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

THE ROWANS Sold Prices

Land registry data shows three sales for THE ROWANS 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. Two of the three THE ROWANS sales were for below the average price, whilst one was 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
2014 1 AUG	£286,000	£353,506	19% below HPI
2000 22 FEB	£139,950	£135,756	3% above HPI
1997 5 SEP	£27,500	£107,166	74% below HPI

THE ROWANS 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 THE ROWANS sales between September 1997 and August 2014 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 February 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE ROWANS?

THE ROWANS is 141m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where THE ROWANS lies on this distribution: 84% of detached houses are smaller than THE ROWANS, and 15% of houses are larger. Note that EPC data is not available for all properties in Axminster.

THE ROWANS: Plot and Title Map

THE ROWANS sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of THE ROWANS, 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 THE ROWANS). 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 THE ROWANS?

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