HIGH WOLD, SHEPHERDS HILL, MERSTHAM, REDHILL, RH1 3AD - £995,000

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

HIGH WOLD is a large extended detached house of 241m², built sometime between 1930 and 1949, which could now be worth an estimated £1,183,099. It was last sold for £995,000 in March 2017, which was around 31% above the average March 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

HIGH WOLD Sold Prices

Land registry data shows two sales for HIGH WOLD 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 HIGH WOLD sales were for above 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
2017 31 MAR	£995,000	£758,916	31% above HPI
2006 8 DEC	£485,000	£464,701	4% above HPI

HIGH WOLD 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 HIGH WOLD sales from December 2006 and March 2017 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 December 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might HIGH WOLD be worth now?

HIGH WOLD might now be worth an estimated £1,183,099.

This is based on house price inflation of 18.9%, between March 2017 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 18.9% inflationary increase is applied to the most recent sale price for HIGH WOLD of £995,000 on 31st March 2017. For the value to have increased from £995,000 to £1,183,099 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of HIGH WOLD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2017 sale price of £995,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH WOLD has not materially changed since March 2017.

How Large is HIGH WOLD?

HIGH WOLD is 241m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% 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 HIGH WOLD lies on this distribution: 66% of detached houses houses are smaller than HIGH WOLD, and 34% of houses are larger. Note that EPC data is not available for all properties in Merstham.

HIGH WOLD: Plot and Title Map

HIGH WOLD sits on a plot of roughly 0.369 of an acre, or 1,493m². The below map shows the location of HIGH WOLD, 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 HIGH WOLD). 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 HIGH WOLD?

HIGH WOLD is located on SHEPHERDS HILL in MERSTHAM, in the RH1 postcode district. The below map shows the position of HIGH WOLD on SHEPHERDS HILL.