7, MILLETTS CLOSE, EXMINSTER, EXETER, EX6 8BD - £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.

7 MILLETTS CLOSE is a large extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £401,023. It was last sold for £325,000 in August 2018, which was around 14% below the average August 2018 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

7 MILLETTS CLOSE Sold Prices

Land registry data shows two sales for 7 MILLETTS CLOSE 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 7 MILLETTS CLOSE 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
2018 17 AUG	£325,000	£378,845	14% below HPI
2000 21 JUL	£95,000	£135,862	30% below HPI

7 MILLETTS CLOSE 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 7 MILLETTS CLOSE sales from July 2000 and August 2018 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 July 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 MILLETTS CLOSE be worth now?

7 MILLETTS CLOSE might now be worth an estimated £401,023.

This is based on house price inflation of 23.4%, between August 2018 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 23.4% inflationary increase is applied to the most recent sale price for 7 MILLETTS CLOSE of £325,000 on 17th August 2018. For the value to have increased from £325,000 to £401,023 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 7 MILLETTS CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLETTS CLOSE has not materially changed since August 2018.

How Large is 7 MILLETTS CLOSE?

7 MILLETTS CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 7 MILLETTS CLOSE lies on this distribution: 75% of detached houses houses are smaller than 7 MILLETTS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Exminster.

7 MILLETTS CLOSE: Plot and Title Map

7 MILLETTS CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 7 MILLETTS CLOSE, 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 MILLETTS CLOSE). 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 MILLETTS CLOSE?

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