31, LOWER MERE, EAST GRINSTEAD, RH19 4TB - £425,000

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.

31 LOWER MERE is a very small detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £507,815. It was last sold for £425,000 in April 2019, which was around 31% below the average April 2019 detached price in the Mid Sussex local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

31 LOWER MERE Sold Prices

Land registry data shows one sale for 31 LOWER MERE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 5 APR	£425,000	£612,786	31% below HPI

What might 31 LOWER MERE be worth now?

31 LOWER MERE might now be worth an estimated £507,815.

This is based on house price inflation of 19.5%, between April 2019 and May 2026, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 31 LOWER MERE of £425,000 on 5th April 2019. For the value to have increased from £425,000 to £507,815 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 31 LOWER MERE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The April 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LOWER MERE has not materially changed since April 2019.

How Large is 31 LOWER MERE?

31 LOWER MERE is 92m² according to the EPC inspection conducted in September 2018. 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 31 LOWER MERE lies on this distribution: 19% of detached houses are smaller than 31 LOWER MERE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in East Grinstead.

31 LOWER MERE: Plot

31 LOWER MERE sits on a plot of roughly 0.063 of an acre, or 253m².

Where is 31 LOWER MERE?

31 LOWER MERE is located in EAST GRINSTEAD, in the RH19 postcode district.