1, BOURNE ROAD, MERSTHAM, REDHILL, RH1 3HF - £398,000

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.

1 BOURNE ROAD is a very small semi-detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £439,122. It was last sold for £398,000 in December 2020, which was around 17% below the average December 2020 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

1 BOURNE ROAD Sold Prices

Land registry data shows two sales for 1 BOURNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 1 BOURNE ROAD 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
2020 17 DEC	£398,000	£479,359	17% below HPI
2009 11 MAY	£181,250	£246,376	26% below HPI

1 BOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 1 BOURNE ROAD sales from May 2009 and December 2020 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 May 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 BOURNE ROAD be worth now?

1 BOURNE ROAD might now be worth an estimated £439,122.

This is based on house price inflation of 10.3%, between December 2020 and February 2025, for semi-detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 1 BOURNE ROAD of £398,000 on 17th December 2020. For the value to have increased from £398,000 to £439,122 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 BOURNE ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The December 2020 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BOURNE ROAD has not materially changed since December 2020.

How Large is 1 BOURNE ROAD?

1 BOURNE ROAD is 69m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of semi-detached houses houses in South Merstham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Merstham, and where 1 BOURNE ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 1 BOURNE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

1 BOURNE ROAD: Plot and Title Map

1 BOURNE ROAD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 1 BOURNE ROAD, 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 1 BOURNE ROAD). 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 1 BOURNE ROAD?

1 BOURNE ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 1 on BOURNE ROAD.