Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
22 BLETCHINGLEY ROAD is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £445,000 in July 2014, which was around 26% below the average July 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 22 BLETCHINGLEY ROAD since 1st 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 22 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 |
---|---|---|---|
2014 21 JUL | £445,000 | £598,744 | 26% below HPI |
2001 31 MAY | £200,000 | £298,998 | 33% below HPI |
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 22 BLETCHINGLEY ROAD sales from May 2001 and July 2014 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 May 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
22 BLETCHINGLEY ROAD is 120m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 22 BLETCHINGLEY ROAD lies on this distribution: 49% of detached houses are smaller than 22 BLETCHINGLEY ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in South Merstham.
22 BLETCHINGLEY ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 22 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 22 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.
22 BLETCHINGLEY ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 22 on BLETCHINGLEY ROAD.