MILLBROOK COTTAGE, CHARD ROAD, AXMINSTER, EX13 5ED - £299,950

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.

MILLBROOK COTTAGE is a very small extended detached house of 65m², built sometime before 1900, which could now be worth an estimated £346,641. It was last sold for £299,950 in June 2021, which was around 35% below the average June 2021 detached price in the East Devon local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

MILLBROOK COTTAGE Sold Prices

Land registry data shows three sales for MILLBROOK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three MILLBROOK COTTAGE 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
2021 22 JUN	£299,950	£462,846	35% below HPI
1999 3 SEP	£89,950	£130,049	31% below HPI
1999 8 JAN	£67,000	£116,849	43% below HPI

MILLBROOK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three MILLBROOK COTTAGE sales between January 1999 and June 2021 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might MILLBROOK COTTAGE be worth now?

MILLBROOK COTTAGE might now be worth an estimated £346,641.

This is based on house price inflation of 15.6%, between June 2021 and March 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for MILLBROOK COTTAGE of £299,950 on 22nd June 2021. For the value to have increased from £299,950 to £346,641 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of MILLBROOK COTTAGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2021 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of MILLBROOK COTTAGE has not materially changed since June 2021.

How Large is MILLBROOK COTTAGE?

MILLBROOK COTTAGE is 65m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of detached houses houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Axminster, and where MILLBROOK COTTAGE lies on this distribution: 5% of detached houses houses are smaller than MILLBROOK COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Axminster.

MILLBROOK COTTAGE: Plot and Title Map

MILLBROOK COTTAGE sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of MILLBROOK 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 MILLBROOK 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 MILLBROOK COTTAGE?

MILLBROOK COTTAGE is located on CHARD ROAD in AXMINSTER, in the EX13 postcode district. The below map shows the position of MILLBROOK COTTAGE on CHARD ROAD.