27, MERLAND RISE, EPSOM, KT18 5RY - £540,000

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

27 MERLAND RISE is a very small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £540,000 in February 2017, which was around 26% below the average February 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

27 MERLAND RISE Sold Prices

Land registry data shows two sales for 27 MERLAND RISE 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. Both of the two 27 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
2017 7 FEB	£540,000	£725,212	26% below HPI
2004 26 MAR	£303,000	£394,004	23% below HPI

27 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 two 27 MERLAND RISE sales from March 2004 and February 2017 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 March 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 27 MERLAND RISE?

27 MERLAND RISE is 98m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 27 MERLAND RISE lies on this distribution: 15% of detached houses are smaller than 27 MERLAND RISE, and 85% of houses are larger. Note that EPC data is not available for all properties in Great Burgh.

27 MERLAND RISE: Plot and Title Map

27 MERLAND RISE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 27 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 27 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 27 MERLAND RISE?

27 MERLAND RISE is located in EPSOM, in the KT18 postcode district. The below map shows the position of No. 27 on MERLAND RISE.