18, MILLWAY, CHUDLEIGH, NEWTON ABBOT, TQ13 0JN - £198,000

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.

18 MILLWAY is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £303,608. It was last sold for £198,000 in August 2007, which was around 35% below the average August 2007 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

18 MILLWAY Sold Prices

Land registry data shows three sales for 18 MILLWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 18 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
2007 20 AUG	£198,000	£304,859	35% below HPI
2005 9 SEP	£179,950	£275,625	35% below HPI
2003 27 JUN	£153,000	£221,362	31% below HPI

18 MILLWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The three 18 MILLWAY sales between June 2003 and August 2007 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 September 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2007 sale, which was also at 35% below the HPI.

What might 18 MILLWAY be worth now?

18 MILLWAY might now be worth an estimated £303,608.

This is based on house price inflation of 53.3%, between August 2007 and February 2025, for 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 53.3% inflationary increase is applied to the most recent sale price for 18 MILLWAY of £198,000 on 20th August 2007. For the value to have increased from £198,000 to £303,608 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 18 MILLWAY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2007 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MILLWAY has not materially changed since August 2007.

How Large is 18 MILLWAY?

18 MILLWAY is 82m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses houses in Chudleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chudleigh, and where 18 MILLWAY lies on this distribution: 11% of detached houses houses are smaller than 18 MILLWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

18 MILLWAY: Plot and Title Map

18 MILLWAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 18 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 18 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 18 MILLWAY?

18 MILLWAY is located in CHUDLEIGH, in the TQ13 postcode district. The below map shows the position of No. 18 on MILLWAY.