TURANGAWAEWAE, BOXFIELD ROAD, AXMINSTER, EX13 5LD - £212,500

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.

TURANGAWAEWAE is a very small semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £254,613. It was last sold for £212,500 in February 2021, which was around 25% below the average February 2021 semi-detached price in the East Devon local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

TURANGAWAEWAE Sold Prices

Land registry data shows three sales for TURANGAWAEWAE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Two of the three TURANGAWAEWAE 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
2021 25 FEB	£212,500	£282,517	25% below HPI
2004 31 MAR	£167,950	£169,097	1% below HPI
2002 17 OCT	£1,450,000	£139,666	938% above HPI

TURANGAWAEWAE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The three TURANGAWAEWAE sales between October 2002 and February 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 March 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might TURANGAWAEWAE be worth now?

TURANGAWAEWAE might now be worth an estimated £254,613.

This is based on house price inflation of 19.8%, between February 2021 and February 2025, for semi-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 19.8% inflationary increase is applied to the most recent sale price for TURANGAWAEWAE of £212,500 on 25th February 2021. For the value to have increased from £212,500 to £254,613 over the four years to February 2025, the following assumptions must hold true:

• The value of TURANGAWAEWAE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The February 2021 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of TURANGAWAEWAE has not materially changed since February 2021.

How Large is TURANGAWAEWAE?

TURANGAWAEWAE is 76m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of semi-detached houses houses in Axminster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Axminster, and where TURANGAWAEWAE lies on this distribution: 15% of semi-detached houses houses are smaller than TURANGAWAEWAE, and 83% of houses are larger. Note that EPC data is not available for all properties in Axminster.

TURANGAWAEWAE: Plot and Title Map

TURANGAWAEWAE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of TURANGAWAEWAE, 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 TURANGAWAEWAE). 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 TURANGAWAEWAE?

TURANGAWAEWAE is located on BOXFIELD ROAD in AXMINSTER, in the EX13 postcode district. The below map shows the position of TURANGAWAEWAE on BOXFIELD ROAD.