7, MEARE CLOSE, TADWORTH, KT20 5RZ - £485,000

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

7 MEARE CLOSE is a small detached house of 126m², built sometime between 1983 and 1990. It was last sold for £485,000 in March 2011, which was around 4% below the average March 2011 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

7 MEARE CLOSE Sold Prices

Land registry data shows three sales for 7 MEARE CLOSE since 1^st 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. One of the three 7 MEARE CLOSE sales was for below the average price, whilst two 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
2011 7 MAR	£485,000	£503,205	4% below HPI
2000 9 MAR	£299,000	£261,946	14% above HPI
1998 9 APR	£231,500	£194,362	19% above HPI

7 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 three 7 MEARE CLOSE sales between April 1998 and March 2011 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 March 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2011 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 MEARE CLOSE?

7 MEARE CLOSE is 126m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tadworth, and where 7 MEARE CLOSE lies on this distribution: 30% of detached houses are smaller than 7 MEARE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Tadworth.

7 MEARE CLOSE: Plot and Title Map

7 MEARE CLOSE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 7 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 7 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 7 MEARE CLOSE?

7 MEARE CLOSE is located in TADWORTH, in the KT20 postcode district. The below map shows the position of No. 7 on MEARE CLOSE.