2 Cedar Mews, Axminster
2 Cedar Mews, Axminster
Description & Estimates
2 Cedar Mews, Axminster is recorded publicly as a modern freehold house across 1,410 ft2 of internal area, sitting on a 523 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2 Cedar Mews, Axminster is £375,727 and its rental estimate is £1,433 per month, given the available information and assuming reasonable condition.
Lyme Close, Axminster, EX13 falls within the EX13 postal district, in the borough of East Devon.
Our Data Sources
2 Cedar Mews, Axminster has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2 Cedar Mews, Axminster, we estimate a market value of £394,513 and a rental value of £1,505 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £349,426 and £1,333 per month respectively.
Recent Market Change
Over the last year, 2 Cedar Mews, Axminster has seen its estimated sale value decline by £6,726 (1.8%) and its estimated rental value climb by £16 per month (1.1%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 2 Cedar Mews, Axminster as measuring 523 m2.
That makes it the largest plot in the postcode, where all 5 other houses have recorded plot data.
Energy Efficiency
2 Cedar Mews, Axminster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2 Cedar Mews, Axminster completed on 8th November 2022 at £385,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.8% over the period since November 2022.
- Sold Nov 2022£385,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Cedar Mews, Axminster have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 23, Lyme Close, Axminster, EX13 5BA, a freehold house which sold for £325,000.
Read more about house prices in EX13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 35 addresses on Lyme Close, Axminster, EX13, 2 Cedar Mews, Axminster comes out as the largest and the 3rd most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the EX13 district.
More reading links
Schools Nearby
- 100mSt Mary's Catholic Primary School, Axminster
- 200mAxminster Community Primary Academy
- 2.8kmKilmington Primary School
- 300mAxe Valley Academy
- 6.5kmThe Woodroffe School
- 8.1kmColyton Grammar School
More reading links
Public Transport Nearby
From 2 Cedar Mews, Axminster, the nearest station is Axminster, 800 metres away.
- 800mAxminster
- 13.7kmHoniton
- 18.2kmCrewkerne
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
