5, MEADES CLOSE, DORMANSLAND, LINGFIELD, RH7 6QA - £570,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MEADES CLOSE is a midsized detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £663,678. It was last sold for £570,000 in May 2016, which was around 24% below the average May 2016 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

5 MEADES CLOSE Sold Prices

Land registry data shows two sales for 5 MEADES 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 Tandridge local authority area for the corresponding sale date. Both of the two 5 MEADES CLOSE 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
2016 4 MAY	£570,000	£752,710	24% below HPI
2014 14 FEB	£340,000	£603,450	44% below HPI

5 MEADES CLOSE 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 5 MEADES CLOSE sales from February 2014 and May 2016 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 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 MEADES CLOSE be worth now?

5 MEADES CLOSE might now be worth an estimated £663,678.

This is based on house price inflation of 16.4%, between May 2016 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 5 MEADES CLOSE of £570,000 on 4th May 2016. For the value to have increased from £570,000 to £663,678 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 5 MEADES CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The May 2016 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADES CLOSE has not materially changed since May 2016.

How Large is 5 MEADES CLOSE?

5 MEADES CLOSE is 121m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses houses in Dormansland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dormansland, and where 5 MEADES CLOSE lies on this distribution: 51% of detached houses houses are smaller than 5 MEADES CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Dormansland.

5 MEADES CLOSE: Plot and Title Map

5 MEADES CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 5 MEADES 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 5 MEADES 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 5 MEADES CLOSE?

5 MEADES CLOSE is located in DORMANSLAND, in the RH7 postcode district. The below map shows the position of No. 5 on MEADES CLOSE.