1, MILL AVENUE, COPPLESTONE, CREDITON, EX17 5HS - £367,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MILL AVENUE is a large detached house of 162m², built sometime between 2003 and 2006, which could now be worth an estimated £346,026. It was last sold for £367,500 in May 2023, which was around 19% below the average May 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 MILL AVENUE Sold Prices

Land registry data shows four sales for 1 MILL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Most of the four 1 MILL AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 19 MAY	£367,500	£452,058	19% below HPI
2016 1 FEB	£265,000	£306,398	14% below HPI
2014 10 JAN	£275,000	£286,731	4% below HPI
2006 18 JUL	£287,000	£260,753	10% above HPI

1 MILL AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The four 1 MILL AVENUE sales between July 2006 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 MILL AVENUE be worth now?

1 MILL AVENUE might now be worth an estimated £346,026.

This is based on house price deflation of 5.8%, between May 2023 and May 2026, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% deflationary decrease is applied to the most recent sale price for 1 MILL AVENUE of £367,500 on 19th May 2023. For the value to have decreased from £367,500 to £346,026 over the three years to May 2026, the following assumptions must hold true:

• The value of 1 MILL AVENUE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2023 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL AVENUE has not materially changed since May 2023.

How Large is 1 MILL AVENUE?

1 MILL AVENUE is 162m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses houses in Copplestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Copplestone, and where 1 MILL AVENUE lies on this distribution: 79% of detached houses houses are smaller than 1 MILL AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Copplestone.

1 MILL AVENUE: Plot and Title Map

1 MILL AVENUE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 1 MILL AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MILL AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MILL AVENUE?

1 MILL AVENUE is located in COPPLESTONE, in the EX17 postcode district. The below map shows the position of No. 1 on MILL AVENUE.