8, MELDRUM CLOSE, OXTED, RH8 9BY - £615,000

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 MELDRUM CLOSE is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £550,565. It was last sold for £615,000 in October 2022, which was around 36% below the average October 2022 detached price in the Tandridge local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

8 MELDRUM CLOSE Sold Prices

Land registry data shows one sale for 8 MELDRUM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Tandridge 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
2022 19 OCT	£615,000	£957,012	36% below HPI

What might 8 MELDRUM CLOSE be worth now?

8 MELDRUM CLOSE might now be worth an estimated £550,565.

This is based on house price deflation of 10.5%, between October 2022 and May 2026, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% deflationary decrease is applied to the most recent sale price for 8 MELDRUM CLOSE of £615,000 on 19th October 2022. For the value to have decreased from £615,000 to £550,565 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 8 MELDRUM CLOSE has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The October 2022 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MELDRUM CLOSE has not materially changed since October 2022.

How Large is 8 MELDRUM CLOSE?

8 MELDRUM CLOSE is 87m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Oxted, based on EPC data. The below chart shows the distribution of detached houses by size in Oxted, and where 8 MELDRUM CLOSE lies on this distribution: 6% of detached houses are smaller than 8 MELDRUM CLOSE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Oxted.

8 MELDRUM CLOSE: Plot

8 MELDRUM CLOSE sits on a plot of roughly 0.168 of an acre, or 678m².

Where is 8 MELDRUM CLOSE?

8 MELDRUM CLOSE is located in OXTED, in the RH8 postcode district.