Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
18 LOWER MERE is a midsized detached house of 123m², built sometime between 1976 and 1982. It was last sold for £590,000 in November 2020, which was around 4% below the average November 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 18 LOWER MERE since 1st 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. One of the two 18 LOWER MERE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2020 23 NOV | £590,000 | £617,079 | 4% below HPI |
1995 28 APR | £126,970 | £123,383 | 3% above HPI |
The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 18 LOWER MERE sales from April 1995 and November 2020 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 April 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
18 LOWER MERE is 123m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 18 LOWER MERE lies on this distribution: 53% of detached houses are smaller than 18 LOWER MERE, and 47% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.
18 LOWER MERE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 18 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 18 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.
18 LOWER MERE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 18 on LOWER MERE.