131, LONDON ROAD NORTH, MERSTHAM, REDHILL, RH1 3AL - £912,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

131 LONDON ROAD NORTH is a very large extended detached house of 286m², built sometime between 1930 and 1949. It was last sold for £912,000 in November 2022, which was around 1% above the average November 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

131 LONDON ROAD NORTH Sold Prices

Land registry data shows three sales for 131 LONDON ROAD NORTH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 131 LONDON ROAD NORTH sales were 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
2022 30 NOV	£912,000	£903,043	1% above HPI
2007 8 JAN	£580,000	£452,806	28% above HPI
1995 30 NOV	£165,500	£150,052	10% above HPI

131 LONDON ROAD NORTH 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 three 131 LONDON ROAD NORTH sales between November 1995 and November 2022 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 January 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 131 LONDON ROAD NORTH?

131 LONDON ROAD NORTH is 286m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses in Hooley, based on EPC data. The below chart shows the distribution of detached houses by size in Hooley, and where 131 LONDON ROAD NORTH lies on this distribution: More than 99% of detached houses are smaller than 131 LONDON ROAD NORTH, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hooley.

131 LONDON ROAD NORTH: Plot and Title Map

131 LONDON ROAD NORTH sits on a plot of roughly 0.794 of an acre, or 3,214m². The below map shows the location of 131 LONDON ROAD NORTH, 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 131 LONDON ROAD NORTH). 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 131 LONDON ROAD NORTH?

131 LONDON ROAD NORTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 131 on LONDON ROAD NORTH.