50, MERLAND RISE, EPSOM, KT18 5RT - £585,000

50 MERLAND RISE is a small extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £585,000 in August 2016, which was around 22% below the average August 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

50 MERLAND RISE Sold Prices

Land registry data shows six sales for 50 MERLAND RISE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the six 50 MERLAND RISE sales were for below 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
2016 5 AUG	£585,000	£750,545	22% below HPI
2014 22 DEC	£482,000	£635,112	24% below HPI
2003 19 SEP	£275,000	£393,652	30% below HPI
2002 28 MAR	£249,000	£328,097	24% below HPI
2000 27 APR	£192,000	£265,362	28% below HPI
1997 19 MAY	£159,500	£164,158	3% below HPI

50 MERLAND RISE 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 six 50 MERLAND RISE sales between May 1997 and August 2016 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 December 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 50 MERLAND RISE?

50 MERLAND RISE is 125m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses by size in Great Burgh, and where 50 MERLAND RISE lies on this distribution: 36% of detached houses are smaller than 50 MERLAND RISE, and 64% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

50 MERLAND RISE: Plot and Title Map

50 MERLAND RISE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 50 MERLAND RISE, 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 50 MERLAND RISE). 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 50 MERLAND RISE?

50 MERLAND RISE is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 50 on MERLAND RISE.