5, BLETCHINGLEY ROAD, MERSTHAM, REDHILL, RH1 3HT - £444,000

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

5 BLETCHINGLEY ROAD is a very small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £444,000 in May 2015, which was around 31% below the average May 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

5 BLETCHINGLEY ROAD Sold Prices

Land registry data shows two sales for 5 BLETCHINGLEY 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 5 BLETCHINGLEY 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
2015 22 MAY	£444,000	£644,013	31% below HPI
2007 1 OCT	£360,000	£508,583	29% below HPI

5 BLETCHINGLEY 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 5 BLETCHINGLEY ROAD sales from October 2007 and May 2015 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 October 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 BLETCHINGLEY ROAD?

5 BLETCHINGLEY ROAD is 92m² according to the EPC inspection conducted in July 2014. 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 5 BLETCHINGLEY ROAD lies on this distribution: 15% of detached houses are smaller than 5 BLETCHINGLEY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

5 BLETCHINGLEY ROAD: Plot and Title Map

5 BLETCHINGLEY ROAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 5 BLETCHINGLEY 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 5 BLETCHINGLEY 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 5 BLETCHINGLEY ROAD?

5 BLETCHINGLEY ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 5 on BLETCHINGLEY ROAD.