25, SOUTH CLOSE GREEN, MERSTHAM, REDHILL, RH1 3DU - £1,200,000

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

25 SOUTH CLOSE GREEN is a very large extended detached house of 297m², built sometime between 1930 and 1949. It was last sold for £1,200,000 in August 2020, which was around 56% above the average August 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was D.

25 SOUTH CLOSE GREEN Sold Prices

Land registry data shows three sales for 25 SOUTH CLOSE GREEN 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 25 SOUTH CLOSE GREEN 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
2020 24 AUG	£1,200,000	£768,048	56% above HPI
2016 13 DEC	£1,172,000	£722,812	62% above HPI
2003 29 AUG	£499,000	£401,485	24% above HPI

25 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 three 25 SOUTH CLOSE GREEN sales between August 2003 and August 2020 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 December 2016 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the August 2020 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 25 SOUTH CLOSE GREEN?

25 SOUTH CLOSE GREEN is 297m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 25 SOUTH CLOSE GREEN lies on this distribution: More than 99% of detached houses are smaller than 25 SOUTH CLOSE GREEN, and less than 1% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

25 SOUTH CLOSE GREEN: Plot and Title Map

25 SOUTH CLOSE GREEN sits on a plot of roughly 0.584 of an acre, or 2,365m². The below map shows the location of 25 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 25 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 25 SOUTH CLOSE GREEN?

25 SOUTH CLOSE GREEN is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 25 on SOUTH CLOSE GREEN.