11, TOWN MEAD, BLETCHINGLEY, REDHILL, RH1 4LQ - £480,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 TOWN MEAD is a midsized detached house of 137m², built sometime between 1983 and 1990. It was last sold for £480,000 in November 2010, which was around 12% below the average November 2010 detached price in the Tandridge local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

11 TOWN MEAD Sold Prices

Land registry data shows four sales for 11 TOWN MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Most of the four 11 TOWN MEAD 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
2010 4 NOV	£480,000	£547,606	12% below HPI
2006 24 MAR	£413,000	£457,326	10% below HPI
2000 25 FEB	£249,950	£284,537	12% below HPI
1997 8 AUG	£209,950	£191,552	10% above HPI

11 TOWN MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The four 11 TOWN MEAD sales between August 1997 and November 2010 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 March 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2010 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 11 TOWN MEAD?

11 TOWN MEAD is 137m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses in Bletchingley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchingley, and where 11 TOWN MEAD lies on this distribution: 49% of detached houses are smaller than 11 TOWN MEAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Bletchingley.

11 TOWN MEAD: Plot and Title Map

11 TOWN MEAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 11 TOWN MEAD, 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 11 TOWN MEAD). 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 11 TOWN MEAD?

11 TOWN MEAD is located in BLETCHINGLEY, in the RH1 postcode district. The below map shows the position of No. 11 on TOWN MEAD.