47, MILL LANE, TEIGNMOUTH, TQ14 9AZ - £289,950

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.

47 MILL LANE is a small extended semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £301,289. It was last sold for £289,950 in May 2022, which was around 3% below the average May 2022 semi-detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

47 MILL LANE Sold Prices

Land registry data shows two sales for 47 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 47 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
2022 19 MAY	£289,950	£298,119	3% below HPI
2018 20 NOV	£215,000	£240,849	11% below HPI

47 MILL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two 47 MILL LANE sales from November 2018 and May 2022 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 November 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 47 MILL LANE be worth now?

47 MILL LANE might now be worth an estimated £301,289.

This is based on house price inflation of 3.9%, between May 2022 and February 2025, for semi-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 3.9% inflationary increase is applied to the most recent sale price for 47 MILL LANE of £289,950 on 19th May 2022. For the value to have increased from £289,950 to £301,289 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 47 MILL LANE has moved in line with the HPI for semi-detached houses in the Teignbridge local authority area.
• The May 2022 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 47 MILL LANE has not materially changed since May 2022.

How Large is 47 MILL LANE?

47 MILL LANE is 83m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of semi-detached houses houses in Teignmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Teignmouth, and where 47 MILL LANE lies on this distribution: 26% of semi-detached houses houses are smaller than 47 MILL LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

47 MILL LANE: Plot and Title Map

47 MILL LANE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 47 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 47 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 47 MILL LANE?

47 MILL LANE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 47 on MILL LANE.