2, SOUTH CLOSE GREEN, MERSTHAM, REDHILL, RH1 3DU - £750,000

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

2 SOUTH CLOSE GREEN is a very large extended detached house of 192m², built sometime between 1930 and 1949. It was last sold for £750,000 in November 2016, which was around 3% above the average November 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

2 SOUTH CLOSE GREEN Sold Prices

Land registry data shows two sales for 2 SOUTH CLOSE GREEN 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. One of the two 2 SOUTH CLOSE GREEN sales was for above the average price, whilst the other was 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 2 NOV	£750,000	£731,349	3% above HPI
2004 11 FEB	£340,000	£394,660	14% below HPI

2 SOUTH CLOSE GREEN 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 2 SOUTH CLOSE GREEN sales from February 2004 and November 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 February 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 SOUTH CLOSE GREEN?

2 SOUTH CLOSE GREEN is 192m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 10% 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 2 SOUTH CLOSE GREEN lies on this distribution: 93% of detached houses are smaller than 2 SOUTH CLOSE GREEN, and 7% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

2 SOUTH CLOSE GREEN: Plot and Title Map

2 SOUTH CLOSE GREEN sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 2 SOUTH CLOSE GREEN, 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 2 SOUTH CLOSE GREEN). 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 2 SOUTH CLOSE GREEN?

2 SOUTH CLOSE GREEN is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 2 on SOUTH CLOSE GREEN.