1A, MERLAND RISE, EPSOM, KT18 5RY - £632,500

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

1A MERLAND RISE is a small detached house of 111m², built sometime between 1996 and 2002. It was last sold for £632,500 in September 2021, which was around 20% below the average September 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

1A MERLAND RISE Sold Prices

Land registry data shows three sales for 1A MERLAND RISE 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 1A MERLAND RISE 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 29 SEP	£632,500	£791,383	20% below HPI
2003 16 JAN	£305,000	£386,726	21% below HPI
1998 18 DEC	£199,950	£209,713	5% below HPI

1A MERLAND RISE 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 1A MERLAND RISE sales between December 1998 and September 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 January 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1A MERLAND RISE?

1A MERLAND RISE is 111m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses in Great Burgh, based on EPC data. The below chart shows the distribution of detached houses by size in Great Burgh, and where 1A MERLAND RISE lies on this distribution: 24% of detached houses are smaller than 1A MERLAND RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

1A MERLAND RISE: Plot and Title Map

1A MERLAND RISE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1A MERLAND RISE, 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 1A MERLAND RISE). 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 1A MERLAND RISE?

1A MERLAND RISE is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 1A on MERLAND RISE.