24, MEAD LANE, CHERTSEY, KT16 8NJ - £471,000

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

24 MEAD LANE is a very small extended detached house of 87m², built sometime between 1930 and 1949. It was last sold for £471,000 in March 2022, which was around 46% below the average March 2022 detached price in the Runnymede local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was D.

24 MEAD LANE Sold Prices

Land registry data shows three sales for 24 MEAD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. All of the three 24 MEAD LANE 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
2022 4 MAR	£471,000	£875,007	46% below HPI
2015 20 NOV	£371,500	£687,071	46% below HPI
2011 20 OCT	£275,000	£513,516	46% below HPI

24 MEAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The three 24 MEAD LANE sales between October 2011 and March 2022 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 November 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2022 sale, which was also at 46% below the HPI.

How Large is 24 MEAD LANE?

24 MEAD LANE is 87m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses by size in Chertsey, and where 24 MEAD LANE lies on this distribution: 16% of detached houses are smaller than 24 MEAD LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

24 MEAD LANE: Plot and Title Map

24 MEAD LANE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 24 MEAD LANE, 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 24 MEAD LANE). 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 24 MEAD LANE?

24 MEAD LANE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 24 on MEAD LANE.