HIGHER MILFORD COTTAGE, OLD WARLEIGH LANE, TAMERTON FOLIOT, PLYMOUTH, PL5 4ND - £535,000

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.

HIGHER MILFORD COTTAGE is a very large extended detached house of 207m², built sometime before 1900, which could now be worth an estimated £644,683. It was last sold for £535,000 in October 2020, which was around 62% above the average October 2020 detached price in the City of Plymouth local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

HIGHER MILFORD COTTAGE Sold Prices

Land registry data shows two sales for HIGHER MILFORD COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. One of the two HIGHER MILFORD COTTAGE sales was for above the average price, whilst the other was 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
2020 9 OCT	£535,000	£330,270	62% above HPI
2016 29 JAN	£210,000	£287,023	27% below HPI

HIGHER MILFORD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two HIGHER MILFORD COTTAGE sales from January 2016 and October 2020 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 January 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might HIGHER MILFORD COTTAGE be worth now?

HIGHER MILFORD COTTAGE might now be worth an estimated £644,683.

This is based on house price inflation of 20.5%, between October 2020 and March 2025, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for HIGHER MILFORD COTTAGE of £535,000 on 9th October 2020. For the value to have increased from £535,000 to £644,683 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of HIGHER MILFORD COTTAGE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The October 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHER MILFORD COTTAGE has not materially changed since October 2020.

How Large is HIGHER MILFORD COTTAGE?

HIGHER MILFORD COTTAGE is 207m², which includes four extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where HIGHER MILFORD COTTAGE lies on this distribution: 94% of detached houses houses are smaller than HIGHER MILFORD COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

HIGHER MILFORD COTTAGE: Plot and Title Map

HIGHER MILFORD COTTAGE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of HIGHER MILFORD COTTAGE, 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 HIGHER MILFORD COTTAGE). 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 HIGHER MILFORD COTTAGE?

HIGHER MILFORD COTTAGE is located on OLD WARLEIGH LANE in TAMERTON FOLIOT, in the PL5 postcode district. The below map shows the position of HIGHER MILFORD COTTAGE on OLD WARLEIGH LANE.