LOWOOD, ROCKSHAW ROAD, MERSTHAM, REDHILL, RH1 3BZ - £1,415,000

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

LOWOOD is a very large detached house of 285m², built sometime between 1900 and 1929. It was last sold for £1,415,000 in March 2021, which was around 82% above the average March 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was D.

LOWOOD Sold Prices

Land registry data shows two sales for LOWOOD 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 LOWOOD 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
2021 24 MAR	£1,415,000	£779,064	82% above HPI
2012 17 DEC	£730,000	£519,503	41% above HPI

LOWOOD 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 LOWOOD sales from December 2012 and March 2021 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 2012 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is LOWOOD?

LOWOOD is 285m² according to the EPC inspection conducted in August 2012. This puts it in the largest 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 LOWOOD lies on this distribution: 83% of detached houses are smaller than LOWOOD, and 17% of houses are larger. Note that EPC data is not available for all properties in Merstham.

LOWOOD: Plot and Title Map

LOWOOD sits on a plot of roughly 1.4 acres, or 5,739m². The below map shows the location of LOWOOD, 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 LOWOOD). 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 LOWOOD?

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