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
75 LONDON ROAD SOUTH is a large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £772,000 in April 2020, which was about the average April 2020 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 75 LONDON ROAD SOUTH since 1st 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. One of the two 75 LONDON ROAD SOUTH sales was roughly equal to the average price, whilst the other was 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 14 APR | £772,000 | £773,698 | Close to HPI |
1997 27 JUN | £160,000 | £169,001 | 5% below HPI |
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 75 LONDON ROAD SOUTH sales from June 1997 and April 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 June 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
75 LONDON ROAD SOUTH is 159m², which includes three extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 30% 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 75 LONDON ROAD SOUTH lies on this distribution: 80% of detached houses are smaller than 75 LONDON ROAD SOUTH, and 20% of houses are larger. Note that EPC data is not available for all properties in South Merstham.
75 LONDON ROAD SOUTH sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of 75 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 75 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.
75 LONDON ROAD SOUTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 75 on LONDON ROAD SOUTH.