THE LODGE, VICTORIA ROAD, TOPSHAM, EXETER, EX3 0EU - £550,000

THE LODGE is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £550,000 in November 2014, which was around 46% above the average November 2014 detached price in the Exeter local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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. One of the two THE LODGE sales was for above the average price, whilst the other 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
2014 12 NOV	£550,000	£375,500	46% above HPI
1997 16 OCT	£92,000	£107,616	15% 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 two THE LODGE sales from October 1997 and November 2014 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 October 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2014 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is THE LODGE?

THE LODGE is 68m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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: 2% of detached houses are smaller than THE LODGE, and 98% 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 0.086 of an acre, or 348m². 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 VICTORIA ROAD in TOPSHAM, in the EX3 postcode district. The below map shows the position of THE LODGE on VICTORIA ROAD.