12, MILL AVENUE, COPPLESTONE, CREDITON, EX17 5HS - £138,500

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.

12 MILL AVENUE is a very small terraced house of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £179,461. It was last sold for £138,500 in January 2017, which was around 19% below the average January 2017 terraced price in the Mid Devon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was B.

12 MILL AVENUE Sold Prices

Land registry data shows two sales for 12 MILL AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. One of the two 12 MILL AVENUE sales was for below the average price, whilst the other was for above 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
2017 20 JAN	£138,500	£170,898	19% below HPI
2006 26 MAY	£144,500	£142,443	1% above HPI

12 MILL AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The two 12 MILL AVENUE sales from May 2006 and January 2017 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 May 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 12 MILL AVENUE be worth now?

12 MILL AVENUE might now be worth an estimated £179,461.

This is based on house price inflation of 29.6%, between January 2017 and May 2026, for terraced 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 29.6% inflationary increase is applied to the most recent sale price for 12 MILL AVENUE of £138,500 on 20th January 2017. For the value to have increased from £138,500 to £179,461 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 12 MILL AVENUE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The January 2017 sale price of £138,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MILL AVENUE has not materially changed since January 2017.

How Large is 12 MILL AVENUE?

12 MILL AVENUE is 66m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of terraced houses houses in Copplestone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Copplestone, and where 12 MILL AVENUE lies on this distribution: 5% of terraced houses houses are smaller than 12 MILL AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Copplestone.

12 MILL AVENUE: Plot and Title Map

12 MILL AVENUE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 12 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 12 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 12 MILL AVENUE?

12 MILL AVENUE is located in COPPLESTONE, in the EX17 postcode district. The below map shows the position of No. 12 on MILL AVENUE.