28, ORPIN ROAD, MERSTHAM, REDHILL, RH1 3EZ - £365,000

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

28 ORPIN ROAD is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £365,000 in May 2013, which was around 30% below the average May 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

28 ORPIN ROAD Sold Prices

Land registry data shows two sales for 28 ORPIN ROAD 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 28 ORPIN 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
2013 1 MAY	£365,000	£523,176	30% below HPI
1999 28 APR	£149,000	£207,209	28% below HPI

28 ORPIN ROAD 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 28 ORPIN ROAD sales from April 1999 and May 2013 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 April 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 28 ORPIN ROAD?

28 ORPIN ROAD is 86m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% 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 28 ORPIN ROAD lies on this distribution: 11% of detached houses are smaller than 28 ORPIN ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

28 ORPIN ROAD: Plot and Title Map

28 ORPIN ROAD sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 28 ORPIN 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 28 ORPIN 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.

Where is 28 ORPIN ROAD?

28 ORPIN ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 28 on ORPIN ROAD.