14, Flax Meadow Lane
14, Flax Meadow Lane
Description & Estimates
14, Flax Meadow Lane, Axminster is recorded publicly as a modern leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 14, Flax Meadow Lane, Axminster is £154,547 and its rental estimate is £698 per month, given the available information and assuming reasonable condition.
Flax Meadow Lane, Axminster, EX13 falls within the EX13 postal district, in the borough of East Devon.
Our Data Sources
14, Flax Meadow Lane, Axminster has 3 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 14, Flax Meadow Lane, Axminster, we estimate a market value of £162,275 and a rental value of £733 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £143,729 and £649 per month respectively.
Recent Market Change
Over the last year, 14, Flax Meadow Lane, Axminster has seen its estimated sale value rise by £1,467 (0.9%) and its estimated rental value move up by £30 per month (4.2%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
14, Flax Meadow Lane, Axminster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 14, Flax Meadow Lane, Axminster completed on 23rd September 2021 at £67,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 2.9% over the period since September 2021.
- Sold Sep 2021£67,000
- Sold Aug 2017£64,500
- Sold Sep 2011£55,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Flax Meadow Lane, Axminster have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th February 2024, was 30, Tigers Way, Axminster, EX13 5TG, a leasehold flat which sold for £164,000.
Read more about house prices in EX13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 115 addresses on Flax Meadow Lane, Axminster, EX13, 14, Flax Meadow Lane, Axminster comes out as the 106th largest and the 113th most expensive in our analysis of the public data.
It is also £209k less expensive than the average property across the EX13 district.
More reading links
Schools Nearby
- 200mAxminster Community Primary Academy
- 400mSt Mary's Catholic Primary School, Axminster
- 2.6kmAll Saints Church of England Primary School
- 400mAxe Valley Academy
- 6.5kmThe Woodroffe School
- 8.4kmColyton Grammar School
More reading links
Public Transport Nearby
From 14, Flax Meadow Lane, Axminster, the nearest station is Axminster, 1.2 kilometres away.
- 1.2kmAxminster
- 14.0kmHoniton
- 17.8kmCrewkerne
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
