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
26 WATER MEAD is a small extended semi-detached house of 136m², built sometime between 1996 and 2002. It was last sold for £624,000 in October 2023, which was around 30% below the average October 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 26 WATER MEAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 26 WATER 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 |
---|---|---|---|
2023 12 OCT | £624,000 | £888,551 | 30% below HPI |
2016 30 JUN | £528,000 | £726,360 | 27% below HPI |
2002 29 NOV | £341,000 | £378,124 | 10% below HPI |
The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 26 WATER MEAD sales between November 2002 and October 2023 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 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
26 WATER MEAD is 136m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of detached houses in Woodmansterne, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmansterne, and where 26 WATER MEAD lies on this distribution: 39% of detached houses are smaller than 26 WATER MEAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Woodmansterne.
26 WATER MEAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 26 WATER 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 26 WATER 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.
26 WATER MEAD is located in CHIPSTEAD, in the CR5 postcode district. The below map shows the position of No. 26 on WATER MEAD.