7, MILLER WAY, EXMINSTER, EXETER, EX6 8TH - £305,000

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.

7 MILLER WAY is a midsized detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £483,571. It was last sold for £305,000 in October 2011, which was around 3% above the average October 2011 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

7 MILLER WAY Sold Prices

Land registry data shows three sales for 7 MILLER WAY 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 7 MILLER WAY sales were for above 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
2011 12 OCT	£305,000	£294,840	3% above HPI
2004 10 SEP	£277,450	£266,464	4% above HPI
1997 3 JAN	£99,000	£87,230	13% above HPI

7 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 three 7 MILLER WAY sales between January 1997 and October 2011 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 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2011 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 7 MILLER WAY be worth now?

7 MILLER WAY might now be worth an estimated £483,571.

This is based on house price inflation of 58.5%, between October 2011 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 58.5% inflationary increase is applied to the most recent sale price for 7 MILLER WAY of £305,000 on 12th October 2011. For the value to have increased from £305,000 to £483,571 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 MILLER WAY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2011 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLER WAY has not materially changed since October 2011.

How Large is 7 MILLER WAY?

7 MILLER WAY is 114m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 7 MILLER WAY lies on this distribution: 54% of detached houses houses are smaller than 7 MILLER WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Exminster.

7 MILLER WAY: Plot and Title Map

7 MILLER WAY sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 7 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 7 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 7 MILLER WAY?

7 MILLER WAY is located in EXMINSTER, in the EX6 postcode district. The below map shows the position of No. 7 on MILLER WAY.