MEDANI, GREEN LANE, EXTON, EXETER, EX3 0PW - £1,150,000

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

MEDANI is a small extended detached house of 172m², built sometime between 1950 and 1966, which could now be worth an estimated £1,177,428. It was last sold for £1,150,000 in November 2023, which was around 117% above the average November 2023 detached price in the East Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

MEDANI Sold Prices

Land registry data shows two sales for MEDANI since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two MEDANI 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
2023 16 NOV	£1,150,000	£530,266	117% above HPI
2014 31 JAN	£640,000	£347,379	84% above HPI

MEDANI Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two MEDANI sales from January 2014 and November 2023 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 January 2014 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the November 2023 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

What might MEDANI be worth now?

MEDANI might now be worth an estimated £1,177,428.

This is based on house price inflation of 2.4%, between November 2023 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for MEDANI of £1,150,000 on 16th November 2023. For the value to have increased from £1,150,000 to £1,177,428 over the eleven months to December 2024, the following assumptions must hold true:

• The value of MEDANI has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2023 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of MEDANI has not materially changed since November 2023.

How Large is MEDANI?

MEDANI is 172m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses houses in Exton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exton, and where MEDANI lies on this distribution: 30% of detached houses houses are smaller than MEDANI, and 70% of houses are larger. Note that EPC data is not available for all properties in Exton.

MEDANI: Plot and Title Map

MEDANI sits on a plot of roughly 0.649 of an acre, or 2,627m². The below map shows the location of MEDANI, 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 MEDANI). 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 MEDANI?

MEDANI is located on GREEN LANE in EXTON, in the EX3 postcode district. The below map shows the position of MEDANI on GREEN LANE.