3, LOWER MERE, EAST GRINSTEAD, RH19 4TB - £420,000

3 LOWER MERE is a very small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £420,000 in September 2017, which was around 29% below the average September 2017 detached price in the Mid Sussex local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

3 LOWER MERE Sold Prices

Land registry data shows two sales for 3 LOWER MERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two 3 LOWER MERE 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
2017 1 SEP	£420,000	£593,717	29% below HPI
2011 8 JUN	£319,950	£406,751	21% below HPI

3 LOWER MERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 3 LOWER MERE sales from June 2011 and September 2017 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 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 LOWER MERE?

3 LOWER MERE is 91m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses by size in East Grinstead, and where 3 LOWER MERE lies on this distribution: 18% of detached houses are smaller than 3 LOWER MERE, and 82% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

3 LOWER MERE: Plot and Title Map

3 LOWER MERE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 LOWER 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 3 LOWER 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 3 LOWER MERE?

3 LOWER MERE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 3 on LOWER MERE.