THE MILL, SOUTH MILTON, KINGSBRIDGE, TQ7 3JP - £1,831,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE MILL is a very large detached house of 239m², built sometime before 1900. It was last sold for £1,831,000 in September 2021, which was around 265% above the average September 2021 detached price in the South Hams local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

THE MILL Sold Prices

Land registry data shows four sales for THE MILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four THE MILL 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
2021 28 SEP	£1,831,000	£501,699	265% above HPI
2015 17 APR	£1,100,000	£388,930	183% above HPI
2008 1 MAY	£729,000	£358,317	103% above HPI
1996 18 MAR	£150,000	£99,389	51% above HPI

THE MILL 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 four THE MILL sales between March 1996 and September 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 April 2015 sale was for 183% above the HPI. So the extrapolation line tracks at 183% above the HPI over time, until the September 2021 sale, where it rises to 265% above the HPI. The line then continues to track at 265% above the HPI.

How Large is THE MILL?

THE MILL is 239m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in South Milton, based on EPC data. The below chart shows the distribution of detached houses by size in South Milton, and where THE MILL lies on this distribution: 88% of detached houses are smaller than THE MILL, and 12% of houses are larger. Note that EPC data is not available for all properties in South Milton.

THE MILL: Plot and Title Map

THE MILL sits on a plot of roughly 0.385 of an acre, or 1,559m². The below map shows the location of THE MILL, 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 THE MILL). 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 THE MILL?

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