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House Prices in EX13

The average house price in EX13 (Axminster) is £244,500 using HM Land Registry data.

The average property price increased by £82,819 (19.27%) over the last 5 years and increased by £16,556 (3.05%) over the last 12 months.

Over the last year, there were 138 residential property sales – a decrease of 75 transactions (-54.35%) relative to the previous year. The majority of house sales (43) were in the £230,000 - £330,000 range. Then came properties in the £130,000 - £230,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,688 (-1%).

In June 2024, there were 40 new estate agency instructions, 28 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in EX13 (Axminster)

19.27%

Property prices in Axminster increased by 19.27% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in EX13 (Axminster) Over the Last Year

3.05%

Property prices in Axminster increased by 3.05% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for EX13 (Axminster) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in EX13 (Axminster)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in EX13 (Axminster)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in EX13 (Axminster)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the EX13 (Axminster) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX13 postcode area since 1995.

Recent Sales in EX13 (Axminster)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 St Andrews Drive, Axminster, Devon, EX13 5HQ	£245,000	£230,000	-£15,000	19 Feb 2024	17 May 2024	88 Days
7 Phillips Court, Axminster, Devon, EX13 5QJ	£299,999	£290,000	-£9,999	20 Nov 2023	01 May 2024	163 Days
1 Cherry Tree Road, Axminster, Devon, EX13 5GG	£419,950	£407,000	-£12,950	06 Feb 2023	26 Apr 2024	445 Days
8 Latchmount Gardens, Axminster, Devon, EX13 5JT	£360,000	£339,000	-£21,000	18 Jan 2024	26 Apr 2024	99 Days
2 Henley Close, Chardstock, Axminster, Devon, EX13 7SX	£230,000	£215,000	-£15,000	09 Jan 2024	05 Apr 2024	87 Days
28 Woodcock Way, Chardstock, Axminster, Devon, EX13 7SY	£450,000	£425,000	-£25,000	25 Aug 2023	05 Apr 2024	224 Days
Flat 15, Mellowes Court, West Street, Axminster, Devon, EX13 5NE	£125,000	£110,000	-£15,000	19 Apr 2023	08 Mar 2024	324 Days
17 Lea Combe, Axminster, Devon, EX13 5LJ	£250,000	£232,000	-£18,000	03 Jul 2023	23 Feb 2024	235 Days
52 The Cricketers, Axminster, Devon, EX13 5RQ	£175,000	£165,000	-£10,000	29 Aug 2023	16 Feb 2024	171 Days
Paramount, Musbury Road, Axminster, Devon, EX13 5JH	£305,000	£300,000	-£5,000	08 Nov 2023	12 Feb 2024	96 Days
2 Green Lane, Chardstock, Axminster, Devon, EX13 7BL	£310,000	£300,000	-£10,000	26 Jul 2023	09 Feb 2024	198 Days
3 Silver Street, Axminster, Devon, EX13 5AH	£180,000	£170,000	-£10,000	04 Sep 2023	01 Feb 2024	150 Days
Highways, Harcombe Road, Raymonds Hill, Axminster, Devon, EX13 5TB	£625,000	£620,000	-£5,000	30 Oct 2023	26 Jan 2024	88 Days
12 West Close, Axminster, Devon, EX13 5PE	£295,000	£292,500	-£2,500	27 Sep 2023	23 Jan 2024	118 Days
Cranford Beeches, Harcombe Road, Raymonds Hill, Axminster, Devon, EX13 5TB	£650,000	£625,000	-£25,000	23 Jun 2023	18 Jan 2024	209 Days
Maidenhayne House, Maidenhayne Lane, Musbury, Axminster, Devon, EX13 8AG	£1,350,000	£1,250,000	-£100,000	08 Sep 2023	18 Jan 2024	132 Days
2 Millbrook Dale, Axminster, Devon, EX13 5EF	£495,000	£485,000	-£10,000	11 Apr 2023	16 Jan 2024	280 Days
6 Phillips Court, Axminster, Devon, EX13 5QJ	£285,000	£264,250	-£20,750	14 Nov 2022	04 Jan 2024	416 Days
Craigmore, Sector Lane, Axminster, Devon, EX13 5BP	£325,000	£310,000	-£15,000	10 Aug 2023	18 Dec 2023	130 Days
3 Meadow Bank, Kilmington, Axminster, Devon, EX13 7RL	£400,000	£395,000	-£5,000	13 Sep 2023	14 Dec 2023	92 Days

Most Expensive Streets in EX13 (Axminster)

Postcode	Street	Area	Average	No. of Sales
EX13 7TR	Furley	Axminster	£845,000	3
EX13 8AG	Maidenhayne Lane, Musbury	Axminster	£793,885	4
EX13 5UH	Blackpool Corner	Axminster	£724,000	3
EX13 7HR	Hawley Bottom	Axminster	£716,666	3
EX13 5XL	Hawkchurch	Axminster	£704,791	5
EX13 7DQ	St Andrews Field, Chardstock	Axminster	£687,000	3
EX13 7ST	Kilmington	Axminster	£666,666	3
EX13 7EH	Dalwood	Axminster	£634,000	4
EX13 7QG	Shute	Axminster	£630,833	3
EX13 8TS	Abbey Lane	Axminster	£600,000	3

Least Expensive Streets in EX13 (Axminster)

Postcode	Street	Area	Average	No. of Sales
EX13 5XS	Valley View	Axminster	£80,777	9
EX13 5DL	St Georges	Axminster	£93,200	5
EX13 5PL	Minster Court, West Street, Axminster	Axminster	£102,367	17
EX13 5NE	Mellowes Court, West Street, Axminster	Axminster	£120,625	4
EX13 5NG	Shand Park	Axminster	£139,562	4
EX13 5AQ	Church Street	Axminster	£143,625	4
EX13 5QS	North Street	Axminster	£154,300	5
EX13 5RQ	The Cricketers	Axminster	£155,100	5
EX13 5NP	The Old Bakery	Axminster	£157,350	5
EX13 5JA	Kirby Close	Axminster	£163,214	7