37, MEAD DRIVE, THURLESTONE, KINGSBRIDGE, TQ7 3TA - £615,000

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

37 MEAD DRIVE is a very small detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £788,785. It was last sold for £615,000 in July 2020, which was around 37% above the average July 2020 detached price in the South Hams local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

37 MEAD DRIVE Sold Prices

Land registry data shows three sales for 37 MEAD DRIVE 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. Two of the three 37 MEAD DRIVE sales were for above the average price, whilst one 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
2020 29 JUL	£615,000	£448,833	37% above HPI
2018 13 JUL	£415,000	£439,758	6% below HPI
2000 1 MAR	£182,500	£146,881	24% above HPI

37 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 three 37 MEAD DRIVE sales between March 2000 and July 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 July 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 37 MEAD DRIVE be worth now?

37 MEAD DRIVE might now be worth an estimated £788,785.

This is based on house price inflation of 28.3%, between July 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 28.3% inflationary increase is applied to the most recent sale price for 37 MEAD DRIVE of £615,000 on 29th July 2020. For the value to have increased from £615,000 to £788,785 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 37 MEAD DRIVE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The July 2020 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MEAD DRIVE has not materially changed since July 2020.

How Large is 37 MEAD DRIVE?

37 MEAD DRIVE is 115m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 37 MEAD DRIVE lies on this distribution: 12% of detached houses houses are smaller than 37 MEAD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Thurlestone.

37 MEAD DRIVE: Plot and Title Map

37 MEAD DRIVE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 37 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 37 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 37 MEAD DRIVE?

37 MEAD DRIVE is located in THURLESTONE, in the TQ7 postcode district. The below map shows the position of No. 37 on MEAD DRIVE.