2, MILLWAY, CHUDLEIGH, NEWTON ABBOT, TQ13 0JN - £315,000

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.

2 MILLWAY is a large extended semi-detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £376,758. It was last sold for £315,000 in December 2020, which was around 22% above the average December 2020 semi-detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

2 MILLWAY Sold Prices

Land registry data shows four sales for 2 MILLWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Teignbridge local authority area for the corresponding sale date. Most of the four 2 MILLWAY 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
2020 17 DEC	£315,000	£258,904	22% above HPI
2015 20 AUG	£260,000	£215,901	20% above HPI
2002 30 AUG	£130,000	£120,410	8% above HPI
2000 20 APR	£75,000	£78,393	4% below HPI

2 MILLWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Teignbridge local authority area over time, sourced from the HPI. The four 2 MILLWAY sales between April 2000 and December 2020 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 August 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 MILLWAY be worth now?

2 MILLWAY might now be worth an estimated £376,758.

This is based on house price inflation of 19.6%, between December 2020 and June 2025, for semi-detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 2 MILLWAY of £315,000 on 17th December 2020. For the value to have increased from £315,000 to £376,758 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 2 MILLWAY has moved in line with the HPI for semi-detached houses in the Teignbridge local authority area.
• The December 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLWAY has not materially changed since December 2020.

How Large is 2 MILLWAY?

2 MILLWAY is 143m², which includes three extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of semi-detached houses houses in Chudleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chudleigh, and where 2 MILLWAY lies on this distribution: 77% of semi-detached houses houses are smaller than 2 MILLWAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

2 MILLWAY: Plot and Title Map

2 MILLWAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 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 2 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 2 MILLWAY?

2 MILLWAY is located in CHUDLEIGH, in the TQ13 postcode district. The below map shows the position of No. 2 on MILLWAY.