27, MEARE CLOSE, TADWORTH, KT20 5RZ - £1,050,000

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

27 MEARE CLOSE is a very large extended detached house of 244m², built sometime between 1991 and 1995. It was last sold for £1,050,000 in April 2022, which was around 25% above the average April 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

27 MEARE CLOSE Sold Prices

Land registry data shows two sales for 27 MEARE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 27 MEARE CLOSE sales were 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
2022 1 APR	£1,050,000	£842,019	25% above HPI
2006 2 FEB	£580,000	£423,491	37% above HPI

27 MEARE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 27 MEARE CLOSE sales from February 2006 and April 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 February 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 27 MEARE CLOSE?

27 MEARE CLOSE is 244m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tadworth, and where 27 MEARE CLOSE lies on this distribution: 89% of detached houses are smaller than 27 MEARE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Tadworth.

27 MEARE CLOSE: Plot and Title Map

27 MEARE CLOSE sits on a plot of roughly 0.190 of an acre, or 771m². The below map shows the location of 27 MEARE CLOSE, 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 27 MEARE CLOSE). 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 27 MEARE CLOSE?

27 MEARE CLOSE is located in TADWORTH, in the KT20 postcode district. The below map shows the position of No. 27 on MEARE CLOSE.