31A, MILL LANE, TEIGNMOUTH, TQ14 9AZ - £72,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31A MILL LANE is a small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £72,000 in January 2000, which was around 40% below the average January 2000 detached price in the Teignbridge local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

31A MILL LANE Sold Prices

Land registry data shows two sales for 31A MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 31A 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
2000 10 JAN	£72,000	£120,363	40% below HPI
1997 6 MAY	£50,000	£86,631	42% below HPI

31A MILL LANE 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 two 31A MILL LANE sales from May 1997 and January 2000 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 1997 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2000 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31A MILL LANE?

31A MILL LANE is 81m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where 31A MILL LANE lies on this distribution: 24% of detached houses are smaller than 31A MILL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

31A MILL LANE: Plot and Title Map

31A MILL LANE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 31A MILL LANE, 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 31A MILL LANE). 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 31A MILL LANE?

31A MILL LANE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 31A on MILL LANE.