MILL MERE, STACEYS FARM ROAD, ELSTEAD, GODALMING, GU8 6EN - £1,631,000

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

MILL MERE is a very large extended detached house of 247m², built sometime between 1950 and 1966. It was last sold for £1,631,000 in March 2023, which was around 92% above the average March 2023 detached price in the Waverley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

MILL MERE Sold Prices

Land registry data shows three sales for MILL MERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three MILL MERE 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
2023 31 MAR	£1,631,000	£849,569	92% above HPI
2018 31 AUG	£1,217,600	£779,054	56% above HPI
1999 31 MAR	£370,000	£224,936	64% above HPI

MILL MERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three MILL MERE sales between March 1999 and March 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 August 2018 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2023 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is MILL MERE?

MILL MERE is 247m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses by size in Elstead, and where MILL MERE lies on this distribution: 94% of detached houses are smaller than MILL MERE, and 5% of houses are larger. Note that EPC data is not available for all properties in Elstead.

MILL MERE: Plot and Title Map

MILL MERE sits on a plot of roughly 0.442 of an acre, or 1,791m². The below map shows the location of MILL MERE, 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 MILL MERE). 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 MILL MERE?

MILL MERE is located on STACEYS FARM ROAD in ELSTEAD, in the GU8 postcode district. The below map shows the position of MILL MERE on STACEYS FARM ROAD.