MILL MEAD, SOUTH MILTON, KINGSBRIDGE, TQ7 3JP - £1,800,000

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.

MILL MEAD is a large extended detached house of 209m², built sometime between 1950 and 1966, which could now be worth an estimated £1,823,608. It was last sold for £1,800,000 in June 2024, which was around 212% above the average June 2024 detached price in the South Hams local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was A.

MILL MEAD Sold Prices

Land registry data shows three sales for MILL MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Two of the three MILL MEAD sales were for above the average price, whilst one 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
2024 28 JUN	£1,800,000	£576,178	212% above HPI
2011 30 NOV	£580,000	£358,242	62% above HPI
1996 16 AUG	£73,000	£100,380	27% below HPI

MILL MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three MILL MEAD sales between August 1996 and June 2024 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 November 2011 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2024 sale, where it rises to 212% above the HPI. The line then continues to track at 212% above the HPI.

What might MILL MEAD be worth now?

MILL MEAD might now be worth an estimated £1,823,608.

This is based on house price inflation of 1.3%, between June 2024 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for MILL MEAD of £1,800,000 on 28th June 2024. For the value to have increased from £1,800,000 to £1,823,608 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of MILL MEAD has moved in line with the HPI for detached houses in the South Hams local authority area.
• The June 2024 sale price of £1,800,000 represented a fair market value for the property.
• The size, condition, and specification of MILL MEAD has not materially changed since June 2024.

How Large is MILL MEAD?

MILL MEAD is 209m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses houses in South Milton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Milton, and where MILL MEAD lies on this distribution: 76% of detached houses houses are smaller than MILL MEAD, and 24% of houses are larger. Note that EPC data is not available for all properties in South Milton.

MILL MEAD: Plot and Title Map

MILL MEAD sits on a plot of roughly 1.8 acres, or 7,192m². The below map shows the location of MILL MEAD, 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 MILL MEAD). 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 MILL MEAD?

MILL MEAD is located in SOUTH MILTON, in the TQ7 postcode district. The below map shows the position of MILL MEAD in SOUTH MILTON.