1, THE MEDE, TOPSHAM, EXETER, EX3 0LD - £330,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE MEDE is a very small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £526,034. It was last sold for £330,000 in December 2007, which was around 2% below the average December 2007 detached price in the Exeter local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

1 THE MEDE Sold Prices

Land registry data shows three sales for 1 THE MEDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Two of the three 1 THE MEDE sales were for below the average price, whilst one was 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
2007 13 DEC	£330,000	£337,235	2% below HPI
2004 14 JUL	£270,000	£292,145	8% below HPI
1999 18 JAN	£120,000	£113,972	5% above HPI

1 THE MEDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The three 1 THE MEDE sales between January 1999 and December 2007 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 July 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2007 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 THE MEDE be worth now?

1 THE MEDE might now be worth an estimated £526,034.

This is based on house price inflation of 59.4%, between December 2007 and December 2024, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.4% inflationary increase is applied to the most recent sale price for 1 THE MEDE of £330,000 on 13th December 2007. For the value to have increased from £330,000 to £526,034 over the seventeen years to December 2024, the following assumptions must hold true:

• The value of 1 THE MEDE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The December 2007 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE MEDE has not materially changed since December 2007.

How Large is 1 THE MEDE?

1 THE MEDE is 81m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses houses in Topsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Topsham, and where 1 THE MEDE lies on this distribution: 7% of detached houses houses are smaller than 1 THE MEDE, and 93% of houses are larger. Note that EPC data is not available for all properties in Topsham.

1 THE MEDE: Plot and Title Map

1 THE MEDE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 1 THE MEDE, 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 1 THE MEDE). 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 1 THE MEDE?

1 THE MEDE is located in TOPSHAM, in the EX3 postcode district. The below map shows the position of No. 1 on THE MEDE.