THREE CORNERS, SOUTH MILTON, KINGSBRIDGE, TQ7 3JW - £540,000

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.

THREE CORNERS is a large detached house of 182m², built sometime between 1967 and 1975, which could now be worth an estimated £787,700. It was last sold for £540,000 in May 2015, which was around 35% above the average May 2015 detached price in the South Hams local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

THREE CORNERS Sold Prices

Land registry data shows three sales for THREE CORNERS 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. All of the three THREE CORNERS 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
2015 20 MAY	£540,000	£400,174	35% above HPI
2003 24 MAR	£400,000	£268,745	49% above HPI
1998 8 DEC	£195,000	£123,309	58% above HPI

THREE CORNERS 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 THREE CORNERS sales between December 1998 and May 2015 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 March 2003 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might THREE CORNERS be worth now?

THREE CORNERS might now be worth an estimated £787,700.

This is based on house price inflation of 45.9%, between May 2015 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 45.9% inflationary increase is applied to the most recent sale price for THREE CORNERS of £540,000 on 20th May 2015. For the value to have increased from £540,000 to £787,700 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of THREE CORNERS has moved in line with the HPI for detached houses in the South Hams local authority area.
• The May 2015 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of THREE CORNERS has not materially changed since May 2015.

How Large is THREE CORNERS?

THREE CORNERS is 182m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% 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 THREE CORNERS lies on this distribution: 67% of detached houses houses are smaller than THREE CORNERS, and 33% of houses are larger. Note that EPC data is not available for all properties in South Milton.

THREE CORNERS: Plot and Title Map

THREE CORNERS sits on a plot of roughly 0.324 of an acre, or 1,310m². The below map shows the location of THREE CORNERS, 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 THREE CORNERS). 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 THREE CORNERS?

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