16A, MILLWAY, BRADNINCH, EXETER, EX5 4NL - £190,000

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.

16A MILLWAY is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £287,022. It was last sold for £190,000 in November 2011, which was around 34% below the average November 2011 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

16A MILLWAY Sold Prices

Land registry data shows two sales for 16A MILLWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 16A MILLWAY 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
2011 29 NOV	£190,000	£286,264	34% below HPI
1997 7 NOV	£67,000	£97,513	31% below HPI

16A MILLWAY 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 two 16A MILLWAY sales from November 1997 and November 2011 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 November 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 16A MILLWAY be worth now?

16A MILLWAY might now be worth an estimated £287,022.

This is based on house price inflation of 51.1%, between November 2011 and April 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 51.1% inflationary increase is applied to the most recent sale price for 16A MILLWAY of £190,000 on 29th November 2011. For the value to have increased from £190,000 to £287,022 over the fifteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 16A MILLWAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2011 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16A MILLWAY has not materially changed since November 2011.

How Large is 16A MILLWAY?

16A MILLWAY is 67m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Bradninch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradninch, and where 16A MILLWAY lies on this distribution: 4% of detached houses houses are smaller than 16A MILLWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Bradninch.

16A MILLWAY: Plot and Title Map

16A MILLWAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 16A MILLWAY, 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 16A MILLWAY). 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 16A MILLWAY?

16A MILLWAY is located in BRADNINCH, in the EX5 postcode district. The below map shows the position of No. 16A on MILLWAY.