16, BLETCHINGLEY ROAD, MERSTHAM, REDHILL, RH1 3PJ - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 BLETCHINGLEY ROAD is a small semi-detached house of 97m², built sometime between 1900 and 1929. It was last sold for £375,000 in July 2016, which was around 50% below the average July 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

16 BLETCHINGLEY ROAD Sold Prices

Land registry data shows five sales for 16 BLETCHINGLEY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 16 BLETCHINGLEY 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
2016 29 JUL	£375,000	£743,675	50% below HPI
2012 11 JAN	£245,000	£503,130	51% below HPI
2007 14 NOV	£245,000	£508,982	52% below HPI
2004 12 AUG	£204,000	£414,966	51% below HPI
2002 21 AUG	£165,000	£353,639	53% below HPI

16 BLETCHINGLEY ROAD 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 five 16 BLETCHINGLEY ROAD sales between August 2002 and July 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 January 2012 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2016 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 16 BLETCHINGLEY ROAD?

16 BLETCHINGLEY ROAD is 97m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in South Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in South Merstham, and where 16 BLETCHINGLEY ROAD lies on this distribution: 23% of detached houses are smaller than 16 BLETCHINGLEY ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

16 BLETCHINGLEY ROAD: Plot and Title Map

16 BLETCHINGLEY ROAD sits on a plot of roughly 0.040 of an acre, or 164m². The below map shows the location of 16 BLETCHINGLEY 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 16 BLETCHINGLEY 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 16 BLETCHINGLEY ROAD?

16 BLETCHINGLEY ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 16 on BLETCHINGLEY ROAD.