49, LONDON ROAD SOUTH, MERSTHAM, REDHILL, RH1 3AX - £530,000

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

49 LONDON ROAD SOUTH is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £530,000 in December 2019, which was around 30% below the average December 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

49 LONDON ROAD SOUTH Sold Prices

Land registry data shows two sales for 49 LONDON ROAD SOUTH 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 49 LONDON ROAD SOUTH 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
2019 20 DEC	£530,000	£758,389	30% below HPI
2005 27 JUN	£249,950	£425,023	41% below HPI

49 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 two 49 LONDON ROAD SOUTH sales from June 2005 and December 2019 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 June 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 49 LONDON ROAD SOUTH?

49 LONDON ROAD SOUTH is 79m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 49 LONDON ROAD SOUTH lies on this distribution: 5% of detached houses are smaller than 49 LONDON ROAD SOUTH, and 95% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

49 LONDON ROAD SOUTH: Plot and Title Map

49 LONDON ROAD SOUTH sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 49 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 49 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 49 LONDON ROAD SOUTH?

49 LONDON ROAD SOUTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 49 on LONDON ROAD SOUTH.