3, MEARE CLOSE, TADWORTH, KT20 5RZ - £700,000

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.

3 MEARE CLOSE is a midsized detached house of 153m², built sometime between 1983 and 1990, which could now be worth an estimated £803,844. It was last sold for £700,000 in March 2021, which was around 14% below the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

3 MEARE CLOSE Sold Prices

Land registry data shows two sales for 3 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. One of the two 3 MEARE CLOSE sales was for below the average price, whilst the other was 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
2021 19 MAR	£700,000	£817,133	14% below HPI
1996 28 AUG	£220,000	£160,170	37% above HPI

3 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 3 MEARE CLOSE sales from August 1996 and March 2021 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 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 MEARE CLOSE be worth now?

3 MEARE CLOSE might now be worth an estimated £803,844.

This is based on house price inflation of 14.8%, between March 2021 and August 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for 3 MEARE CLOSE of £700,000 on 19th March 2021. For the value to have increased from £700,000 to £803,844 over the three years and seven months to August 2025, the following assumptions must hold true:

• The value of 3 MEARE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2021 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEARE CLOSE has not materially changed since March 2021.

How Large is 3 MEARE CLOSE?

3 MEARE CLOSE is 153m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses houses in Tadworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tadworth, and where 3 MEARE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 3 MEARE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Tadworth.

3 MEARE CLOSE: Plot and Title Map

3 MEARE CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 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 3 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 3 MEARE CLOSE?

3 MEARE CLOSE is located in TADWORTH, in the KT20 postcode district. The below map shows the position of No. 3 on MEARE CLOSE.