23, MEAD LANE, THURLESTONE, KINGSBRIDGE, TQ7 3PB - £637,500

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

23 MEAD LANE is a small detached house of 140m², built sometime between 1983 and 1990. It was last sold for £637,500 in March 2020, which was around 40% above the average March 2020 detached price in the South Hams local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

23 MEAD LANE Sold Prices

Land registry data shows two sales for 23 MEAD LANE 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 LANE 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 31 MAR	£637,500	£455,278	40% above HPI
2001 19 JUN	£249,000	£190,538	31% above HPI

23 MEAD LANE 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 LANE sales from June 2001 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 June 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 23 MEAD LANE?

23 MEAD LANE is 140m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Thurlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Thurlestone, and where 23 MEAD LANE lies on this distribution: 25% of detached houses are smaller than 23 MEAD LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Thurlestone.

23 MEAD LANE: Plot and Title Map

23 MEAD LANE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 23 MEAD LANE, 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 LANE). 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 LANE?

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