8, LOWER MERE, EAST GRINSTEAD, RH19 4TB - £275,000

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.

8 LOWER MERE is a small semi-detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £466,244. It was last sold for £275,000 in August 2007, which was around 3% above the average August 2007 semi-detached price in the Mid Sussex local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was A.

8 LOWER MERE Sold Prices

Land registry data shows one sale for 8 LOWER MERE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2007 16 AUG	£275,000	£266,412	3% above HPI

What might 8 LOWER MERE be worth now?

8 LOWER MERE might now be worth an estimated £466,244.

This is based on house price inflation of 69.5%, between August 2007 and May 2026, for semi-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 69.5% inflationary increase is applied to the most recent sale price for 8 LOWER MERE of £275,000 on 16th August 2007. For the value to have increased from £275,000 to £466,244 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 8 LOWER MERE has moved in line with the HPI for semi-detached houses in the Mid Sussex local authority area.
• The August 2007 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOWER MERE has not materially changed since August 2007.

How Large is 8 LOWER MERE?

8 LOWER MERE is 81m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of semi-detached houses in East Grinstead, based on EPC data. The below chart shows the distribution of semi-detached houses by size in East Grinstead, and where 8 LOWER MERE lies on this distribution: 32% of semi-detached houses are smaller than 8 LOWER MERE, and 65% of semi-detached houses are larger. Note that EPC data is not available for all properties in East Grinstead.

8 LOWER MERE: Plot

8 LOWER MERE sits on a plot of roughly 0.094 of an acre, or 380m².

Where is 8 LOWER MERE?

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