FIRCROFT, ROCKSHAW ROAD, MERSTHAM, REDHILL, RH1 3DD - £350,000

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

FIRCROFT is a very small extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £350,000 in January 2007, which was around 23% below the average January 2007 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

FIRCROFT Sold Prices

Land registry data shows two sales for FIRCROFT 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 FIRCROFT 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
2007 5 JAN	£350,000	£452,806	23% below HPI
1996 24 JUN	£111,000	£149,667	26% below HPI

FIRCROFT 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 FIRCROFT sales from June 1996 and January 2007 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 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2007 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is FIRCROFT?

FIRCROFT is 141m², which includes one extension, according to the EPC inspection conducted in June 2011. 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 FIRCROFT lies on this distribution: 17% of detached houses are smaller than FIRCROFT, and 83% of houses are larger. Note that EPC data is not available for all properties in Merstham.

FIRCROFT: Plot and Title Map

FIRCROFT sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of FIRCROFT, 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 FIRCROFT). 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 FIRCROFT?

FIRCROFT is located on ROCKSHAW ROAD in MERSTHAM, in the RH1 postcode district. The below map shows the position of FIRCROFT on ROCKSHAW ROAD.