# 3 bedroom terraced house for sale (EX13 5FH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 FLAX MEADOW LANE, AXMINSTER, DEVON EX13 5FH |
| Price | £285,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £275,000 Mar 2025 |

## 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  .

## Property Photos

- ![3FlaxMeadow.1.jpg](/listings/photos/153050099/1303140) - 3FlaxMeadow.1.jpg
- ![3FlaxMeadow.12.JPG](/listings/photos/153050099/1303141) - 3FlaxMeadow.12.JPG
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- ![3FlaxMeadow.25.jpg](/listings/photos/153050099/1303147) - 3FlaxMeadow.25.jpg
- ![3FlaxMeadowDrone.3.jpg](/listings/photos/153050099/1303148) - 3FlaxMeadowDrone.3.jpg
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- ![3FlaxMeadow.2.jpg](/listings/photos/153050099/1303151) - 3FlaxMeadow.2.jpg
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- ![3FlaxMeadow.23.jpg](/listings/photos/153050099/1303160) - 3FlaxMeadow.23.jpg
- ![3FlaxMeadow.24.jpg](/listings/photos/153050099/1303161) - 3FlaxMeadow.24.jpg
- ![3FlaxMeadow.22.jpg](/listings/photos/153050099/1303162) - 3FlaxMeadow.22.jpg

## Floorplans

- ![Floor Plan.jpg](/listings/photos/153050099/1303163) - Floor Plan.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/153050099/1303164) - EE Rating
- ![EI Rating](/listings/photos/153050099/1303165) - EI Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH | £275,000 | 26/03/2025 | Terraced |
| 3 FLAX MEADOW LANE, AXMINSTER, EAST DEVON, DEVON, EX13 5FH | £168,000 | 03/07/2009 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £222,818 (11 Terraced, EX13, 2024–2026)
- **Deviation:** +27.9%

## Rental Range

*ONS Price Index of Private Rents (East Devon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £876/mo
- **Realistic:** £973/mo
- **Optimistic:** £1,070/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Mid & East Devon (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £823/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.44% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 5.3%
- **Cost-to-rent:** 19×
- **Monthly cashflow:** £-22/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** 5.2%
- **10y growth:** -0.8%

## House Price Index (HM Land Registry)

*Official index for East Devon; Terraced series; as of April 2026.*

- **1y growth (index):** 2.2%
- **5y growth (index):** 17.2%
- **10y growth (index):** 43%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)