8, MILL STREET, CREDITON, EX17 3AA - £200,000

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

8 MILL STREET is a very small extended detached house of 71m², built sometime before 1900. It was last sold for £200,000 in June 2023, which was around 55% below the average June 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

8 MILL STREET Sold Prices

Land registry data shows four sales for 8 MILL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 8 MILL STREET 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
2023 7 JUN	£200,000	£444,698	55% below HPI
2021 15 SEP	£179,000	£385,605	54% below HPI
2014 15 JUL	£147,000	£279,306	47% below HPI
2004 1 MAR	£128,000	£229,045	44% below HPI

8 MILL STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The four 8 MILL STREET sales between March 2004 and June 2023 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 2021 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2023 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 8 MILL STREET?

8 MILL STREET is 71m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 8 MILL STREET lies on this distribution: 8% of detached houses are smaller than 8 MILL STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Crediton.

8 MILL STREET: Plot and Title Map

8 MILL STREET sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 8 MILL STREET, 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 8 MILL STREET). 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 8 MILL STREET?

8 MILL STREET is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 8 on MILL STREET.