188, LONDON ROAD NORTH, MERSTHAM, REDHILL, RH1 3BW - £660,000

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

188 LONDON ROAD NORTH is a small extended detached house of 173m², built sometime between 1900 and 1929. It was last sold for £660,000 in July 2013, which was around 22% above the average July 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

188 LONDON ROAD NORTH Sold Prices

Land registry data shows two sales for 188 LONDON ROAD NORTH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 188 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
2013 11 JUL	£660,000	£542,585	22% above HPI
2008 22 SEP	£500,000	£473,141	6% above HPI

188 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 two 188 LONDON ROAD NORTH sales from September 2008 and July 2013 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 September 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2013 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 188 LONDON ROAD NORTH?

188 LONDON ROAD NORTH is 173m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in Merstham, and where 188 LONDON ROAD NORTH lies on this distribution: 31% of detached houses are smaller than 188 LONDON ROAD NORTH, and 67% of houses are larger. Note that EPC data is not available for all properties in Merstham.

188 LONDON ROAD NORTH: Plot and Title Map

188 LONDON ROAD NORTH sits on a plot of roughly 0.334 of an acre, or 1,350m². The below map shows the location of 188 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 188 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 188 LONDON ROAD NORTH?

188 LONDON ROAD NORTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 188 on LONDON ROAD NORTH.