ALLOWRIE, CHURCH HILL, MERSTHAM, REDHILL, RH1 3BL - £477,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ALLOWRIE is a small extended detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £939,361. It was last sold for £477,000 in October 2006, which was around 4% above the average October 2006 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

ALLOWRIE Sold Prices

Land registry data shows two sales for ALLOWRIE 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. One of the two ALLOWRIE sales was for above 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
2006 27 OCT	£477,000	£458,224	4% above HPI
1995 13 SEP	£155,000	£156,859	1% below HPI

ALLOWRIE 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 ALLOWRIE sales from September 1995 and October 2006 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 September 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2006 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might ALLOWRIE be worth now?

ALLOWRIE might now be worth an estimated £939,361.

This is based on house price inflation of 96.9%, between October 2006 and December 2024, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.9% inflationary increase is applied to the most recent sale price for ALLOWRIE of £477,000 on 27th October 2006. For the value to have increased from £477,000 to £939,361 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of ALLOWRIE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2006 sale price of £477,000 represented a fair market value for the property.
• The size, condition, and specification of ALLOWRIE has not materially changed since October 2006.

How Large is ALLOWRIE?

ALLOWRIE is 161m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merstham, and where ALLOWRIE lies on this distribution: 25% of detached houses houses are smaller than ALLOWRIE, and 75% of houses are larger. Note that EPC data is not available for all properties in Merstham.

ALLOWRIE: Plot and Title Map

ALLOWRIE sits on a plot of roughly 0.500 of an acre, or 2,025m². The below map shows the location of ALLOWRIE, 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 ALLOWRIE). 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 ALLOWRIE?

ALLOWRIE is located on CHURCH HILL in MERSTHAM, in the RH1 postcode district. The below map shows the position of ALLOWRIE on CHURCH HILL.