2, THE MEDE, TOPSHAM, EXETER, EX3 0LD - £460,000

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

2 THE MEDE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £460,000 in July 2017, which was around 8% above the average July 2017 detached price in the Exeter local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 THE MEDE Sold Prices

Land registry data shows two sales for 2 THE MEDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. One of the two 2 THE MEDE sales was for above the average price, whilst the other was 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
2017 6 JUL	£460,000	£424,773	8% above HPI
1995 25 OCT	£70,000	£98,287	29% below HPI

2 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 two 2 THE MEDE sales from October 1995 and July 2017 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 October 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 THE MEDE?

2 THE MEDE is 62m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Topsham, based on EPC data. The below chart shows the distribution of detached houses by size in Topsham, and where 2 THE MEDE lies on this distribution: 2% of detached houses are smaller than 2 THE MEDE, and 98% of houses are larger. Note that EPC data is not available for all properties in Topsham.

2 THE MEDE: Plot and Title Map

2 THE MEDE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 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 2 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 2 THE MEDE?

2 THE MEDE is located in TOPSHAM, in the EX3 postcode district. The below map shows the position of No. 2 on THE MEDE.