15, MILL AVENUE, COPPLESTONE, CREDITON, EX17 5HS - £197,000

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.

15 MILL AVENUE is a midsized terraced house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £275,108. It was last sold for £197,000 in May 2015, which was around 24% above the average May 2015 terraced price in the Mid Devon local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

15 MILL AVENUE Sold Prices

Land registry data shows two sales for 15 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. Both of the two 15 MILL AVENUE sales were 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
2015 26 MAY	£197,000	£158,570	24% above HPI
2012 20 DEC	£181,000	£144,256	25% above HPI

15 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 15 MILL AVENUE sales from December 2012 and May 2015 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 December 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 15 MILL AVENUE be worth now?

15 MILL AVENUE might now be worth an estimated £275,108.

This is based on house price inflation of 39.6%, between May 2015 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 39.6% inflationary increase is applied to the most recent sale price for 15 MILL AVENUE of £197,000 on 26th May 2015. For the value to have increased from £197,000 to £275,108 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 15 MILL AVENUE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The May 2015 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILL AVENUE has not materially changed since May 2015.

How Large is 15 MILL AVENUE?

15 MILL AVENUE is 110m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% 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 15 MILL AVENUE lies on this distribution: 41% of terraced houses houses are smaller than 15 MILL AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Copplestone.

15 MILL AVENUE: Plot and Title Map

15 MILL AVENUE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 15 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 15 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 15 MILL AVENUE?

15 MILL AVENUE is located in COPPLESTONE, in the EX17 postcode district. The below map shows the position of No. 15 on MILL AVENUE.