27, LOWER MERE, EAST GRINSTEAD, RH19 4TB - £435,000

27 LOWER MERE is a very small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £435,000 in March 2018, which was around 27% below the average March 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

27 LOWER MERE Sold Prices

Land registry data shows two sales for 27 LOWER MERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two 27 LOWER MERE sales 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
2018 26 MAR	£435,000	£599,701	27% below HPI
2014 25 JUN	£332,500	£474,591	30% below HPI

27 LOWER MERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 27 LOWER MERE sales from June 2014 and March 2018 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 June 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 27 LOWER MERE?

27 LOWER MERE is 92m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses by size in East Grinstead, and where 27 LOWER MERE lies on this distribution: 19% of detached houses are smaller than 27 LOWER MERE, and 80% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

27 LOWER MERE: Plot and Title Map

27 LOWER MERE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 27 LOWER MERE, 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 27 LOWER MERE). 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 27 LOWER MERE?

27 LOWER MERE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 27 on LOWER MERE.