THE LODGE, GROVE HILL, TOPSHAM, EXETER, EX3 0EG - £812,000

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

THE LODGE is a very large extended detached house of 187m², built sometime before 1900. It was last sold for £812,000 in October 2023, which was around 48% above the average October 2023 detached price in the Exeter local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Two of the three THE LODGE 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
2023 19 OCT	£812,000	£549,255	48% above HPI
2005 15 DEC	£550,000	£290,125	90% above HPI
2004 9 JAN	£250,000	£275,263	9% below HPI

THE LODGE 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 three THE LODGE sales between January 2004 and October 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 December 2005 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2023 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE LODGE?

THE LODGE is 187m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 20% of detached houses in Topsham, based on EPC data. The below chart shows the distribution of detached houses by size in Topsham, and where THE LODGE lies on this distribution: 86% of detached houses are smaller than THE LODGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Topsham.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.219 of an acre, or 884m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on GROVE HILL in TOPSHAM, in the EX3 postcode district. The below map shows the position of THE LODGE on GROVE HILL.