68, MILLHEAD ROAD, HONITON, EX14 1RD - £277,500

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.

68 MILLHEAD ROAD is a small extended terraced house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £341,701. It was last sold for £277,500 in November 2019, which was around 25% above the average November 2019 terraced price in the East Devon local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

68 MILLHEAD ROAD Sold Prices

Land registry data shows six sales for 68 MILLHEAD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. All of the six 68 MILLHEAD ROAD 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
2019 7 NOV	£277,500	£221,568	25% above HPI
2018 20 APR	£245,000	£214,704	14% above HPI
2013 27 AUG	£195,000	£181,807	7% above HPI
2006 4 AUG	£191,000	£168,094	14% above HPI
2000 27 OCT	£87,000	£72,481	20% above HPI
1996 30 APR	£59,995	£46,568	29% above HPI

68 MILLHEAD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Devon local authority area over time, sourced from the HPI. The six 68 MILLHEAD ROAD sales between April 1996 and November 2019 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 April 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 68 MILLHEAD ROAD be worth now?

68 MILLHEAD ROAD might now be worth an estimated £341,701.

This is based on house price inflation of 23.1%, between November 2019 and May 2026, for terraced houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for 68 MILLHEAD ROAD of £277,500 on 7th November 2019. For the value to have increased from £277,500 to £341,701 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 68 MILLHEAD ROAD has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The November 2019 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 68 MILLHEAD ROAD has not materially changed since November 2019.

How Large is 68 MILLHEAD ROAD?

68 MILLHEAD ROAD is 89m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% of terraced houses houses in Honiton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Honiton, and where 68 MILLHEAD ROAD lies on this distribution: 38% of terraced houses houses are smaller than 68 MILLHEAD ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Honiton.

68 MILLHEAD ROAD: Plot and Title Map

68 MILLHEAD ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 68 MILLHEAD ROAD, 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 68 MILLHEAD ROAD). 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 68 MILLHEAD ROAD?

68 MILLHEAD ROAD is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 68 on MILLHEAD ROAD.