FLAT 2, 13A, MIDDLE MILL LANE, CULLOMPTON, EX15 1JP - £50,000

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.

FLAT 2 13A MIDDLE MILL LANE is a very small flat of 28m², built sometime between 1900 and 1929, which could now be worth an estimated £60,537. It was last sold for £50,000 in May 2015, which was around 54% below the average May 2015 flat price in the Mid Devon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was C.

FLAT 2 13A MIDDLE MILL LANE Sold Prices

Land registry data shows two sales for FLAT 2 13A MIDDLE MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Mid Devon local authority area for the corresponding sale date. Both of the two FLAT 2 13A MIDDLE MILL LANE 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
2015 21 MAY	£50,000	£108,609	54% below HPI
2002 19 DEC	£41,500	£78,354	47% below HPI

What might FLAT 2 13A MIDDLE MILL LANE be worth now?

FLAT 2 13A MIDDLE MILL LANE might now be worth an estimated £60,537.

This is based on house price inflation of 21.1%, between May 2015 and May 2026, for flats, 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 21.1% inflationary increase is applied to the most recent sale price for FLAT 2 13A MIDDLE MILL LANE of £50,000 on 21st May 2015. For the value to have increased from £50,000 to £60,537 over the eleven years to May 2026, the following assumptions must hold true:

• The value of FLAT 2 13A MIDDLE MILL LANE has moved in line with the HPI for flats in the Mid Devon local authority area.
• The May 2015 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 13A MIDDLE MILL LANE has not materially changed since May 2015.

How Large is FLAT 2 13A MIDDLE MILL LANE?

FLAT 2 13A MIDDLE MILL LANE is 28m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of flats in Cullompton, based on EPC data. 2% of flats are smaller than FLAT 2 13A MIDDLE MILL LANE, and 98% of flats are larger. Note that EPC data is not available for all properties in Cullompton.

FLAT 2 13A MIDDLE MILL LANE: Plot

FLAT 2 13A MIDDLE MILL LANE sits on a plot of roughly 0.029 of an acre, or 116m².

Where is FLAT 2 13A MIDDLE MILL LANE?

FLAT 2, 13A MIDDLE MILL LANE is located in CULLOMPTON, in the EX15 postcode district.