3, SHIP HOUSE, THE STRAND, TOPSHAM, EXETER, EX3 0JB - £270,000

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.

3 SHIP HOUSE is a very small extended terraced house of 59m², built sometime before 1900, which could now be worth an estimated £298,543. It was last sold for £270,000 in February 2021, which was around 8% above the average February 2021 terraced price in the Exeter local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 SHIP HOUSE Sold Prices

Land registry data shows six sales for 3 SHIP HOUSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. three of the six 3 SHIP HOUSE sales were for above the average price, and six were 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
2021 3 FEB	£270,000	£250,240	8% above HPI
2018 26 JUL	£250,000	£231,522	8% above HPI
2013 8 JUL	£250,000	£184,693	35% above HPI
2006 30 JUN	£152,500	£164,589	7% below HPI
2004 15 NOV	£105,000	£157,039	33% below HPI
2001 22 NOV	£80,500	£88,146	9% below HPI

3 SHIP HOUSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Exeter local authority area over time, sourced from the HPI. The six 3 SHIP HOUSE sales between November 2001 and February 2021 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2021 sale, which was also at 8% above the HPI.

What might 3 SHIP HOUSE be worth now?

3 SHIP HOUSE might now be worth an estimated £298,543.

This is based on house price inflation of 10.6%, between February 2021 and June 2025, for terraced 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 10.6% inflationary increase is applied to the most recent sale price for 3 SHIP HOUSE of £270,000 on 3rd February 2021. For the value to have increased from £270,000 to £298,543 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 SHIP HOUSE has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The February 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHIP HOUSE has not materially changed since February 2021.

How Large is 3 SHIP HOUSE?

3 SHIP HOUSE is 59m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Topsham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Topsham, and where 3 SHIP HOUSE lies on this distribution: 1% of terraced houses houses are smaller than 3 SHIP HOUSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Topsham.

3 SHIP HOUSE: Plot and Title Map

3 SHIP HOUSE sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 3 SHIP HOUSE, 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 3 SHIP HOUSE). 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 3 SHIP HOUSE?

3 SHIP HOUSE is located on THE STRAND in TOPSHAM, in the EX3 postcode district. The below map shows the position of 3 SHIP HOUSE on THE STRAND.