TULIPA HOUSE, MUSBURY ROAD, AXMINSTER, EX13 5JB - £230,000

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

TULIPA HOUSE is a large extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £230,000 in August 2007, which was around 32% below the average August 2007 detached price in the East Devon local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

TULIPA HOUSE Sold Prices

Land registry data shows three sales for TULIPA HOUSE 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 TULIPA HOUSE 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
2007 1 AUG	£230,000	£338,201	32% below HPI
2006 21 APR	£195,000	£298,519	35% below HPI
2001 18 JUN	£112,000	£165,046	32% below HPI

TULIPA HOUSE 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 TULIPA HOUSE sales between June 2001 and August 2007 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 April 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2007 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is TULIPA HOUSE?

TULIPA HOUSE is 121m², which includes two extensions, according to the EPC inspection conducted in November 2020. 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 TULIPA HOUSE lies on this distribution: 69% of detached houses are smaller than TULIPA HOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Axminster.

TULIPA HOUSE: Plot and Title Map

TULIPA HOUSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of TULIPA HOUSE, 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 TULIPA HOUSE). 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 TULIPA HOUSE?

TULIPA HOUSE is located on MUSBURY ROAD in AXMINSTER, in the EX13 postcode district. The below map shows the position of TULIPA HOUSE on MUSBURY ROAD.