MILLERS LEY, TALATON, EXETER, EX5 2RJ - £640,000

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.

MILLERS LEY is a very large extended detached house of 326m², built sometime between 1967 and 1975, which could now be worth an estimated £911,554. It was last sold for £640,000 in February 2016, which was around 69% above the average February 2016 detached price in the East Devon 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.

MILLERS LEY Sold Prices

Land registry data shows three sales for MILLERS LEY 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 MILLERS LEY 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
2016 29 FEB	£640,000	£379,080	69% above HPI
2006 18 JAN	£630,000	£302,432	108% above HPI
1997 11 AUG	£215,000	£109,745	96% above HPI

MILLERS LEY 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 MILLERS LEY sales between August 1997 and February 2016 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 2006 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the February 2016 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might MILLERS LEY be worth now?

MILLERS LEY might now be worth an estimated £911,554.

This is based on house price inflation of 42.4%, between February 2016 and February 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 42.4% inflationary increase is applied to the most recent sale price for MILLERS LEY of £640,000 on 29th February 2016. For the value to have increased from £640,000 to £911,554 over the nine years to February 2025, the following assumptions must hold true:

• The value of MILLERS LEY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2016 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of MILLERS LEY has not materially changed since February 2016.

How Large is MILLERS LEY?

MILLERS LEY is 326m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses houses in Talaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Talaton, and where MILLERS LEY lies on this distribution: More than 99% of detached houses houses are smaller than MILLERS LEY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Talaton.

MILLERS LEY: Plot and Title Map

MILLERS LEY sits on a plot of roughly 0.730 of an acre, or 2,954m². The below map shows the location of MILLERS LEY, 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 MILLERS LEY). 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 MILLERS LEY?

MILLERS LEY is located in TALATON, in the EX5 postcode district. The below map shows the position of MILLERS LEY in TALATON.