2, BRAES MEAD, SOUTH NUTFIELD, REDHILL, RH1 4JR - £492,500

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

2 BRAES MEAD is a large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £492,500 in September 2013, which was around 13% below the average September 2013 detached price in the Tandridge local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

2 BRAES MEAD Sold Prices

Land registry data shows two sales for 2 BRAES MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two 2 BRAES 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
2013 6 SEP	£492,500	£565,437	13% below HPI
2011 26 APR	£476,000	£530,922	10% below HPI

2 BRAES 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 two 2 BRAES MEAD sales from April 2011 and September 2013 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 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 BRAES MEAD?

2 BRAES MEAD is 156m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses in South Nutfield, based on EPC data. The below chart shows the distribution of detached houses by size in South Nutfield, and where 2 BRAES MEAD lies on this distribution: 62% of detached houses are smaller than 2 BRAES MEAD, and 38% of houses are larger. Note that EPC data is not available for all properties in South Nutfield.

2 BRAES MEAD: Plot and Title Map

2 BRAES MEAD sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 2 BRAES 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 2 BRAES 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 2 BRAES MEAD?

2 BRAES MEAD is located in SOUTH NUTFIELD, in the RH1 postcode district. The below map shows the position of No. 2 on BRAES MEAD.