22, LONDON ROAD SOUTH, MERSTHAM, REDHILL, RH1 3DT - £625,000

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

22 LONDON ROAD SOUTH is a large extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £625,000 in July 2014, which was around 4% above the average July 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

22 LONDON ROAD SOUTH Sold Prices

Land registry data shows three sales for 22 LONDON ROAD SOUTH 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. One of the three 22 LONDON ROAD SOUTH sales was for above the average price, whilst two 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 23 JUL	£625,000	£598,744	4% above HPI
2004 19 NOV	£353,000	£411,982	14% below HPI
1995 3 AUG	£132,950	£149,016	11% below HPI

22 LONDON ROAD SOUTH 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 22 LONDON ROAD SOUTH sales between August 1995 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 November 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 22 LONDON ROAD SOUTH?

22 LONDON ROAD SOUTH is 153m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% 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 LONDON ROAD SOUTH lies on this distribution: 76% of detached houses are smaller than 22 LONDON ROAD SOUTH, and 23% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

22 LONDON ROAD SOUTH: Plot and Title Map

22 LONDON ROAD SOUTH sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of 22 LONDON ROAD SOUTH, 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 LONDON ROAD SOUTH). 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 22 LONDON ROAD SOUTH?

22 LONDON ROAD SOUTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 22 on LONDON ROAD SOUTH.