GAGES MILL, ASHBURTON, NEWTON ABBOT, TQ13 7JW - £577,000

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.

GAGES MILL is a very large extended detached house of 247m², built sometime between 1950 and 1966, which could now be worth an estimated £969,990. It was last sold for £577,000 in September 2009, which was around 108% above the average September 2009 detached price in the Teignbridge local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was E.

GAGES MILL Sold Prices

Land registry data shows two sales for GAGES MILL 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 GAGES MILL 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
2009 7 SEP	£577,000	£278,071	108% above HPI
2003 31 JUL	£387,604	£225,715	72% above HPI

GAGES MILL 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 GAGES MILL sales from July 2003 and September 2009 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 2003 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the September 2009 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might GAGES MILL be worth now?

GAGES MILL might now be worth an estimated £969,990.

This is based on house price inflation of 68.1%, between September 2009 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 68.1% inflationary increase is applied to the most recent sale price for GAGES MILL of £577,000 on 7th September 2009. For the value to have increased from £577,000 to £969,990 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of GAGES MILL has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2009 sale price of £577,000 represented a fair market value for the property.
• The size, condition, and specification of GAGES MILL has not materially changed since September 2009.

How Large is GAGES MILL?

GAGES MILL is 247m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 10% of detached houses houses in Ashburton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashburton, and where GAGES MILL lies on this distribution: 98% of detached houses houses are smaller than GAGES MILL, and 2% of houses are larger. Note that EPC data is not available for all properties in Ashburton.

GAGES MILL: Plot and Title Map

GAGES MILL sits on a plot of roughly 1.1 acres, or 4,497m². The below map shows the location of GAGES MILL, 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 GAGES MILL). 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 GAGES MILL?

GAGES MILL is located in ASHBURTON, in the TQ13 postcode district. The below map shows the position of GAGES MILL in ASHBURTON.