MELLSTOCK, MILFORD LANE, PLYMOUTH, PL5 4LU - £401,500

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.

MELLSTOCK is a very large detached house of 179m², built sometime between 1967 and 1975, which could now be worth an estimated £595,783. It was last sold for £401,500 in June 2014, which was around 50% above the average June 2014 detached price in the City of Plymouth local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

MELLSTOCK Sold Prices

Land registry data shows two sales for MELLSTOCK 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. Both of the two MELLSTOCK 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
2014 10 JUN	£401,500	£267,107	50% above HPI
2006 20 OCT	£335,000	£253,080	32% above HPI

MELLSTOCK 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 MELLSTOCK sales from October 2006 and June 2014 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 October 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2014 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might MELLSTOCK be worth now?

MELLSTOCK might now be worth an estimated £595,783.

This is based on house price inflation of 48.4%, between June 2014 and February 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 48.4% inflationary increase is applied to the most recent sale price for MELLSTOCK of £401,500 on 10th June 2014. For the value to have increased from £401,500 to £595,783 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of MELLSTOCK has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The June 2014 sale price of £401,500 represented a fair market value for the property.
• The size, condition, and specification of MELLSTOCK has not materially changed since June 2014.

How Large is MELLSTOCK?

MELLSTOCK is 179m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 MELLSTOCK lies on this distribution: 89% of detached houses houses are smaller than MELLSTOCK, and 11% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

MELLSTOCK: Plot and Title Map

MELLSTOCK sits on a plot of roughly 0.633 of an acre, or 2,561m². The below map shows the location of MELLSTOCK, 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 MELLSTOCK). 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 MELLSTOCK?

MELLSTOCK is located on MILFORD LANE in PLYMOUTH, in the PL5 postcode district. The below map shows the position of MELLSTOCK on MILFORD LANE.