MERRIEMEDE, SMALLFIELD ROAD, HORNE, HORLEY, RH6 9JP - £695,000

MERRIEMEDE is a very large extended detached house of 148m², built sometime between 1900 and 1929. It was last sold for £695,000 in March 2021, which was around 17% below the average March 2021 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

MERRIEMEDE Sold Prices

Land registry data shows three sales for MERRIEMEDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Two of the three MERRIEMEDE sales were for below the average price, whilst one 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 25 MAR	£695,000	£839,194	17% below HPI
2014 10 FEB	£470,000	£591,204	21% below HPI
1999 15 DEC	£280,000	£278,426	1% above HPI

MERRIEMEDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three MERRIEMEDE sales between December 1999 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 February 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is MERRIEMEDE?

MERRIEMEDE is 148m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses in Smallfield, based on EPC data. The below chart shows the distribution of detached houses by size in Smallfield, and where MERRIEMEDE lies on this distribution: 82% of detached houses are smaller than MERRIEMEDE, and 17% of houses are larger. Note that EPC data is not available for all properties in Smallfield.

MERRIEMEDE: Plot and Title Map

MERRIEMEDE sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of MERRIEMEDE, 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 MERRIEMEDE). 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 MERRIEMEDE?

MERRIEMEDE is located on SMALLFIELD ROAD in HORNE, in the RH6 postcode district. The below map shows the position of MERRIEMEDE on SMALLFIELD ROAD.