WESTWAYS, MOUNT PLEASANT, AXMINSTER, EX13 5JW - £239,950

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.

WESTWAYS is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £345,718. It was last sold for £239,950 in November 2014, which was around 35% below the average November 2014 detached price in the East Devon local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

WESTWAYS Sold Prices

Land registry data shows two sales for WESTWAYS 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 WESTWAYS 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
2014 7 NOV	£239,950	£371,250	35% below HPI
2011 28 APR	£185,000	£334,508	45% below HPI

WESTWAYS 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 WESTWAYS sales from April 2011 and November 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 April 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might WESTWAYS be worth now?

WESTWAYS might now be worth an estimated £345,718.

This is based on house price inflation of 44.1%, between November 2014 and March 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 44.1% inflationary increase is applied to the most recent sale price for WESTWAYS of £239,950 on 7th November 2014. For the value to have increased from £239,950 to £345,718 over the eleven years and eight months to March 2025, the following assumptions must hold true:

• The value of WESTWAYS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2014 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of WESTWAYS has not materially changed since November 2014.

How Large is WESTWAYS?

WESTWAYS is 70m² according to the EPC inspection conducted in August 2009. 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 WESTWAYS lies on this distribution: 8% of detached houses houses are smaller than WESTWAYS, and 92% of houses are larger. Note that EPC data is not available for all properties in Axminster.

WESTWAYS: Plot and Title Map

WESTWAYS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of WESTWAYS, 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 WESTWAYS). 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 WESTWAYS?

WESTWAYS is located on MOUNT PLEASANT in AXMINSTER, in the EX13 postcode district. The below map shows the position of WESTWAYS on MOUNT PLEASANT.