TY-EIN, MILLWAY, BRADNINCH, EXETER, EX5 4NL - £320,000

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.

TY-EIN is a large extended detached house of 129m², built sometime between 1983 and 1990, which could now be worth an estimated £395,531. It was last sold for £320,000 in May 2019, which was around 9% below the average May 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

TY-EIN Sold Prices

Land registry data shows two sales for TY-EIN 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 TY-EIN 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
2019 24 MAY	£320,000	£349,863	9% below HPI
2017 16 JUN	£320,000	£335,275	5% below HPI

TY-EIN 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 TY-EIN sales from June 2017 and May 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 June 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might TY-EIN be worth now?

TY-EIN might now be worth an estimated £395,531.

This is based on house price inflation of 23.6%, between May 2019 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 23.6% inflationary increase is applied to the most recent sale price for TY-EIN of £320,000 on 24th May 2019. For the value to have increased from £320,000 to £395,531 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of TY-EIN has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of TY-EIN has not materially changed since May 2019.

How Large is TY-EIN?

TY-EIN is 129m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Bradninch, based on EPC data. The below chart shows the distribution of detached houses by size in Bradninch, and where TY-EIN lies on this distribution: 63% of detached houses are smaller than TY-EIN, and 36% of detached houses are larger. Note that EPC data is not available for all properties in Bradninch.

TY-EIN: Plot and Title Map

TY-EIN sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of TY-EIN, 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 TY-EIN). 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.