23, MEAD DRIVE, THURLESTONE, KINGSBRIDGE, TQ7 3TA - £775,000

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

23 MEAD DRIVE is a very large extended detached house of 243m², built sometime between 1996 and 2002, which could now be worth an estimated £961,599. It was last sold for £775,000 in March 2020, which was around 67% above the average March 2020 detached price in the South Hams local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

23 MEAD DRIVE Sold Prices

Land registry data shows two sales for 23 MEAD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 23 MEAD DRIVE 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
2020 20 MAR	£775,000	£463,955	67% above HPI
1998 26 MAY	£260,000	£121,961	113% above HPI

23 MEAD DRIVE 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 two 23 MEAD DRIVE sales from May 1998 and March 2020 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 May 1998 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the March 2020 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 23 MEAD DRIVE be worth now?

23 MEAD DRIVE might now be worth an estimated £961,599.

This is based on house price inflation of 24.1%, between March 2020 and December 2024, 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 24.1% inflationary increase is applied to the most recent sale price for 23 MEAD DRIVE of £775,000 on 20th March 2020. For the value to have increased from £775,000 to £961,599 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 23 MEAD DRIVE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The March 2020 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MEAD DRIVE has not materially changed since March 2020.

How Large is 23 MEAD DRIVE?

23 MEAD DRIVE is 243m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses houses in Thurlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurlestone, and where 23 MEAD DRIVE lies on this distribution: 85% of detached houses houses are smaller than 23 MEAD DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Thurlestone.

23 MEAD DRIVE: Plot and Title Map

23 MEAD DRIVE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 23 MEAD DRIVE, 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 23 MEAD DRIVE). 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 23 MEAD DRIVE?

23 MEAD DRIVE is located in THURLESTONE, in the TQ7 postcode district. The below map shows the position of No. 23 on MEAD DRIVE.