Sold STC Terraced

3 FLAX MEADOW LANE

AXMINSTER, DEVON EX13 5FH

3 beds 2 baths Listed 26 Sep 2024 (-662d)

£285,000

Guide Price

Reduced on 4 Nov 2024

Save

3FlaxMeadow.1.jpg 3FlaxMeadow.12.JPG 3FlaxMeadow.6.JPG 3FlaxMeadow.8.JPG 3FlaxMeadow.11.JPG 3FlaxMeadow.21.JPG 3FlaxMeadow.14.JPG 3FlaxMeadow.25.jpg 3FlaxMeadowDrone.3.jpg 3FlaxMeadow.27.jpg 3FlaxMeadowDrone.2.jpg 3FlaxMeadow.2.jpg 3FlaxMeadow.3.jpg 3FlaxMeadow.4.JPG 3FlaxMeadow.13.JPG 3FlaxMeadow.20.JPG 3FlaxMeadow.17.JPG 3FlaxMeadow.10.JPG 3FlaxMeadow.18.JPG 3FlaxMeadow.7.JPG 3FlaxMeadow.23.jpg 3FlaxMeadow.24.jpg 3FlaxMeadow.22.jpg

/ 23

Property details

Tenure

FREEHOLD

Council tax band

C

Last sold

£275,000 Mar 2025

Local average

£222,818 (+27.9%)

Deprivation

Decile 4 (12,347 of 33,755)

Street crime

46 incidents within 1 mile (May 2026)

Key features

  • Three bedrooms
  • Kitchen/dining room
  • Cloakroom
  • Private garden
  • Quiet location
  • Garage & parking
  • Freehold
  • Council Tax Band C

Additional details

Parking
Yes
Garden
Yes

Description

A well-appointed spacious three bedroom house situated on a popular development with garage and parking EPC C

Situation - The property is situated on a popular development within easy reach of the centre of the market town of Axminster and providing easy access to main routes to Dorset, Somerset and further into East Devon. Axminster has a good range of shops and services including a mainline railway station on the Waterloo line.

The Jurassic coastline with various towns and villages including Lyme Regis, Seaton, Charmouth & Beer are all within a short drive. The cathedral city of Exeter and Somerset county town Taunton are both approximately half an hours drive away.

Description - 3 Flax Meadow Lane is a well-presented terraced house with spacious and modern accommodation throughout. The entrance hall provides convenient access to both the sitting room and the kitchen/dining room, creating a functional flow on the ground floor. The sitting room, with its bright atmosphere and double patio doors leading to the garden, is perfect for socializing and outdoor access. The kitchen/dining room offers plenty of storage with a range of wall and base units, fitted electric oven with gas hob, space and plumbing for dishwasher and washing machine, and space for fridge/freezer, with space for dining and entertaining. The added bonus of a downstairs cloakroom adds convenience for guests.

On the first floor are three bedrooms, with bedroom 1 benefitting from an ensuite shower room. The family bathroom, with fitted bath and shower over, WC and wash hand basin serves the remaining two bedrooms.

Outside - The property is approached via a pedestrian path and has a small lawned front garden. At the rear is a good sized lawned garden fully enclosed by fencing, providing privacy and security. A gate from the garden opens to a paved communal courtyard, where the property benefits from a single garage, located at the right-hand end of a block, along with parking space for two vehicles in front of the garage.

Services - All mains services connected. Gas-fired central heating.

Standard, superfast and ultrafast broadband available. Mobile signal likely outside with Three, EE, Vodafone and 02 (Ofcom). EPC C

Directions - From the centre of Axminster follow the signs for Chard passing the hospital on your left, and at the mini-roundabout turn left into Chard Road. Take the first turning right into Millbrook Meadows and follow the road and to the top of the development where the sales office is currently located. Flaxmeadow Lane will be found on the right with parking in front of the garages (end garage on right) at the rear of the properties.

Residential Lettings - If you are considering investing in a Buy To Let or letting another property, and require advice on current rents, yields or general lettings information to ensure you comply, please contact a member of our lettings team on .

Listed by

Honiton

Stags

Reference: 153050099

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan.jpg

Floor Plan.jpg

EPC Graphs

EE Rating

EE Rating

EI Rating

EI Rating

Price history

64% since 2009

Event Date Price % change
Sold 26/03/2025 (1 year ago) £275,000 +63.7%
Sold 03/07/2009 (17 years ago) £168,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
25 CHERRY TREE ROAD, AXMINSTER, EAST DEVON, DEVON, EX13 5GG £220,000 17/11/2025 Terraced
24 CHERRY TREE ROAD, AXMINSTER, EAST DEVON, DEVON, EX13 5GQ £235,000 22/08/2025 Terraced
20 PRESTOR, AXMINSTER, EAST DEVON, DEVON, EX13 5BR £320,000 06/12/2023 Terraced
8 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FJ £343,000 29/09/2023 Terraced
Same street 77 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH £146,250 18/09/2023 Terraced
10 AMBERSIDE SQUARE, AXMINSTER, EAST DEVON, DEVON, EX13 5TH £310,000 06/04/2023 Terraced
7A CRIDLAKE, AXMINSTER, EAST DEVON, DEVON, EX13 5BT £269,995 10/10/2022 Terraced
Same street 69 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH £280,000 03/10/2022 Terraced
18 AMBERSIDE SQUARE, AXMINSTER, EAST DEVON, DEVON, EX13 5TH £199,000 30/09/2022 Terraced
22 CHERRY TREE ROAD, AXMINSTER, EAST DEVON, DEVON, EX13 5GQ £230,500 02/09/2022 Terraced
74 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FJ £264,950 26/08/2022 Terraced
Same street 61 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH £250,000 16/08/2022 Semi-detached
Same street 63 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH £258,000 01/07/2022 Detached
29 CATNIP CLOSE, AXMINSTER, EAST DEVON, DEVON, EX13 5GA £290,000 30/06/2022 Terraced
4 BEAVOR LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5EQ £292,500 06/06/2022 Terraced
Same street 51 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH £235,000 12/05/2022 Terraced
18 THREE ACRE CLOSE, AXMINSTER, EAST DEVON, DEVON, EX13 5GJ £287,500 18/03/2022 Terraced
7 LORETTO ROAD, AXMINSTER, EAST DEVON, DEVON, EX13 5BX £215,000 20/12/2021 Terraced
Same street 45 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH £280,000 14/12/2021 Terraced
60 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FJ £160,000 10/12/2021 Terraced
39 TIGERS WAY, AXMINSTER, EAST DEVON, DEVON, EX13 5TG £255,000 14/10/2021 Terraced
3 AMBERSIDE SQUARE, AXMINSTER, EAST DEVON, DEVON, EX13 5TH £199,950 29/09/2021 Terraced
HIGHRIDGE LYME ROAD, AXMINSTER, EAST DEVON, DEVON, EX13 5BQ £177,500 22/09/2021 Terraced
48 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FJ £253,500 19/08/2021 Terraced
2 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FJ £290,000 06/08/2021 Terraced

Street average: £241,542 (6 sales)

Area average: £253,337 (19 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 5.2%
10y growth -0.8%

House Price Index (HM Land Registry — official index, not sold-price averages): East Devon. Series: Terraced. As of April 2026.

1y (index) 2.2%
5y (index) 17.2%
10y (index) 43%

Rental Range

Estimated market rent for East Devon. Low = conservative, Realistic = average, Optimistic = best case.

Low £876/mo
Realistic £973/mo
Optimistic £1,070/mo

Based on Local Authority from postcode lookup → East Devon.

LHA (30th percentile) floor for Mid & East Devon: £823/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Lamb Inn 0.2 miles
Shop Chris Tat Shack 0.3 miles
Shop Magic scissors 0.3 miles
Bus stop Trinity Square 0.4 miles
Train station Axminster 0.7 miles
Train station Much Natter 7.6 miles
Hospital Bridport Community Hospital 10.0 miles
Hospital Crewkerne Hospital 10.8 miles

Street-level crime

Category Count
Violence and sexual offences 24
Criminal damage and arson 7
Anti-social behaviour 4
Public order 3
Shoplifting 3
Other theft 2
Burglary 1
Drugs 1
Vehicle crime 1
Total incidents 46

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Axminster Community Primary Academy Primary 0.1 miles Good — 13 Feb 2020
St Mary's Catholic Primary School, Axminster Primary 0.2 miles Good — 28 Jul 2019
Axe Valley Academy Secondary 0.3 miles Good — 19 Oct 2023
All Saints Church of England Primary School Primary 1.6 miles Requires improvement — 11 May 2023
Kilmington Primary School Primary 1.9 miles Requires improvement — 2 May 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, Cunningham Avenue, EX13 £1,250/mo 3 0.47 miles OpenRent

Average rent: £1,250/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.44%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 5.3%
Cost-to-rent ratio 19×
Monthly cashflow £-22/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).