17, SOUTHCOTE ROAD, MERSTHAM, REDHILL, RH1 3LJ - £615,000

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

17 SOUTHCOTE ROAD is a large extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £615,000 in May 2021, which was around 21% below the average May 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

17 SOUTHCOTE ROAD Sold Prices

Land registry data shows three sales for 17 SOUTHCOTE ROAD 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 17 SOUTHCOTE 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
2021 13 MAY	£615,000	£776,526	21% below HPI
2015 6 FEB	£499,950	£639,823	22% below HPI
2012 20 SEP	£235,000	£524,467	55% below HPI

17 SOUTHCOTE 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 three 17 SOUTHCOTE ROAD sales between September 2012 and May 2021 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 February 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 17 SOUTHCOTE ROAD?

17 SOUTHCOTE ROAD is 146m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 17 SOUTHCOTE ROAD lies on this distribution: 69% of detached houses are smaller than 17 SOUTHCOTE ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

17 SOUTHCOTE ROAD: Plot and Title Map

17 SOUTHCOTE ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 17 SOUTHCOTE 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 17 SOUTHCOTE 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 17 SOUTHCOTE ROAD?

17 SOUTHCOTE ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 17 on SOUTHCOTE ROAD.