LITTLE WYCHWOOD, LONDON ROAD SOUTH, MERSTHAM, REDHILL, RH1 3AZ - £545,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LITTLE WYCHWOOD is a small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £530,150. It was last sold for £545,000 in August 2024, which was around 41% below the average August 2024 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

LITTLE WYCHWOOD Sold Prices

Land registry data shows four sales for LITTLE WYCHWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four LITTLE WYCHWOOD 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
2024 28 AUG	£545,000	£923,792	41% below HPI
2015 21 AUG	£425,000	£717,350	41% below HPI
2010 15 MAR	£270,000	£506,017	47% below HPI
2002 10 DEC	£127,500	£402,025	68% below HPI

LITTLE WYCHWOOD 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 four LITTLE WYCHWOOD sales between December 2002 and August 2024 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 August 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2024 sale, which was also at 41% below the HPI.

What might LITTLE WYCHWOOD be worth now?

LITTLE WYCHWOOD might now be worth an estimated £530,150.

This is based on house price deflation of 2.7%, between August 2024 and February 2025, 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 2.7% deflationary decrease is applied to the most recent sale price for LITTLE WYCHWOOD of £545,000 on 28th August 2024. For the value to have decreased from £545,000 to £530,150 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of LITTLE WYCHWOOD has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The August 2024 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of LITTLE WYCHWOOD has not materially changed since August 2024.

How Large is LITTLE WYCHWOOD?

LITTLE WYCHWOOD is 94m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses houses in South Merstham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Merstham, and where LITTLE WYCHWOOD lies on this distribution: 20% of detached houses houses are smaller than LITTLE WYCHWOOD, and 79% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

LITTLE WYCHWOOD: Plot and Title Map

LITTLE WYCHWOOD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of LITTLE WYCHWOOD, 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 LITTLE WYCHWOOD). 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 LITTLE WYCHWOOD?

LITTLE WYCHWOOD is located on LONDON ROAD SOUTH in MERSTHAM, in the RH1 postcode district. The below map shows the position of LITTLE WYCHWOOD on LONDON ROAD SOUTH.