31, MILLER WAY, EXMINSTER, EXETER, EX6 8TH - £325,000

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.

31 MILLER WAY is a small extended detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £424,928. It was last sold for £325,000 in August 2017, which was around 9% below the average August 2017 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

31 MILLER WAY Sold Prices

Land registry data shows five sales for 31 MILLER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the five 31 MILLER WAY 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
2017 11 AUG	£325,000	£357,532	9% below HPI
2014 22 MAY	£270,000	£308,700	13% below HPI
2006 15 JUN	£230,000	£284,293	19% below HPI
2001 19 APR	£122,000	£144,651	16% below HPI
1995 15 DEC	£71,950	£77,991	8% below HPI

31 MILLER WAY 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 five 31 MILLER WAY sales between December 1995 and August 2017 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 May 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 31 MILLER WAY be worth now?

31 MILLER WAY might now be worth an estimated £424,928.

This is based on house price inflation of 30.7%, between August 2017 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 30.7% inflationary increase is applied to the most recent sale price for 31 MILLER WAY of £325,000 on 11th August 2017. For the value to have increased from £325,000 to £424,928 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 31 MILLER WAY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MILLER WAY has not materially changed since August 2017.

How Large is 31 MILLER WAY?

31 MILLER WAY is 88m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses houses in Exminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exminster, and where 31 MILLER WAY lies on this distribution: 21% of detached houses houses are smaller than 31 MILLER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Exminster.

31 MILLER WAY: Plot and Title Map

31 MILLER WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 31 MILLER WAY, 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 31 MILLER WAY). 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 31 MILLER WAY?

31 MILLER WAY is located in EXMINSTER, in the EX6 postcode district. The below map shows the position of No. 31 on MILLER WAY.