As in my reply to Sunray - it is drawn in from outside, but as I keep repeating, the fresh air doesn't ever completely replace the heated indoor air, it replaces only a fraction of it. You are not reheating the entire 216 m³ of air in the room every hour, only a small proportion of it, because of the principle of dilution.
I agree that some of the air which is extracted will be 'cold' (or 'coldish'), either cold air which has come from outside and is extracted before being appreciably heated or, at least 'coldish' because it has mixed with warm air within the house (what you call 'dilution') - so, yes, if (for convenience) the house volume is also 216 m, the entirety of the heated air in the house will not be 'replaced with cold outside air' every hour.
However, I think that the real-world situation is much closer to that extreme than you seem t think. If, as will not be uncommon, the source of the incoming outside air is relatively remote (within the house) from the point of extraction, then when you switch on the extractor, it will 'pump out' a substantial proportion of the heated air in the hose before it even starts 'seeing' the cold air which has been sucked into the house behind it - i.e. mixing/'dilution' takes time, and a lot of the heated air may have been extracted before much of that has happened.
After all, when you first switch on the extractor, you expect much of the (heated) malodorous/moist air in the kitchen or bathroom to be extracted first, before any cold incoming air (often from distant parts of the house) gets to the extractor to be extracted, don't you?
As I've said, if one makes the room 'air-tight' (as far as the rest of the house is concerned and then create ventilation within the room (e.g. by opening a window), then the only heated air extracted will be that in that room (regardless of extractor flow rate)- but, as I've said, you then might well not need the extractor at all!
Kind Regards, John