3, ROCKSHAW ROAD, MERSTHAM, REDHILL, RH1 3BX - £395,000

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

3 ROCKSHAW ROAD is a very small extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £395,000 in January 2020, which was around 47% below the average January 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

3 ROCKSHAW ROAD Sold Prices

Land registry data shows two sales for 3 ROCKSHAW 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 3 ROCKSHAW 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
2020 21 JAN	£395,000	£747,852	47% below HPI
2000 13 APR	£227,500	£265,362	14% below HPI

3 ROCKSHAW 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 3 ROCKSHAW ROAD sales from April 2000 and January 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 April 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 3 ROCKSHAW ROAD?

3 ROCKSHAW ROAD is 143m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in Merstham, and where 3 ROCKSHAW ROAD lies on this distribution: 19% of detached houses are smaller than 3 ROCKSHAW ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Merstham.

3 ROCKSHAW ROAD: Plot and Title Map

3 ROCKSHAW ROAD sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 3 ROCKSHAW 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 3 ROCKSHAW 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 3 ROCKSHAW ROAD?

3 ROCKSHAW ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 3 on ROCKSHAW ROAD.