MULBERRY, FERRY ROAD, TOPSHAM, EXETER, EX3 0JW - £1,250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MULBERRY is a very large extended detached house of 204m², built sometime between 2003 and 2006, which could now be worth an estimated £1,550,560. It was last sold for £1,250,000 in June 2019, which was around 187% above the average June 2019 detached price in the Exeter local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was C.

MULBERRY Sold Prices

Land registry data shows two sales for MULBERRY 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. Both of the two MULBERRY 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
2019 27 JUN	£1,250,000	£435,154	187% above HPI
2002 17 MAY	£437,400	£202,792	116% above HPI

MULBERRY 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 MULBERRY sales from May 2002 and June 2019 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 2002 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the June 2019 sale, where it rises to 187% above the HPI. The line then continues to track at 187% above the HPI.

What might MULBERRY be worth now?

MULBERRY might now be worth an estimated £1,550,560.

This is based on house price inflation of 24%, between June 2019 and March 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for MULBERRY of £1,250,000 on 27th June 2019. For the value to have increased from £1,250,000 to £1,550,560 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of MULBERRY has moved in line with the HPI for detached houses in the Exeter local authority area.
• The June 2019 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of MULBERRY has not materially changed since June 2019.

How Large is MULBERRY?

MULBERRY is 204m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 10% of detached houses houses in Topsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Topsham, and where MULBERRY lies on this distribution: 92% of detached houses houses are smaller than MULBERRY, and 7% of houses are larger. Note that EPC data is not available for all properties in Topsham.

MULBERRY: Plot and Title Map

MULBERRY sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of MULBERRY, 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 MULBERRY). 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 MULBERRY?

MULBERRY is located on FERRY ROAD in TOPSHAM, in the EX3 postcode district. The below map shows the position of MULBERRY on FERRY ROAD.