MEADOWSIDE, QUALITY STREET, MERSTHAM, REDHILL, RH1 3BB - £1,015,000

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

MEADOWSIDE is a very large extended detached house of 256m², built sometime between 1900 and 1929, which could now be worth an estimated £1,154,821. It was last sold for £1,015,000 in January 2019, which was around 28% above the average January 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

MEADOWSIDE Sold Prices

Land registry data shows four sales for MEADOWSIDE 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 MEADOWSIDE 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
2019 14 JAN	£1,015,000	£793,128	28% above HPI
2007 27 APR	£718,000	£489,401	47% above HPI
2001 9 JUL	£560,000	£321,207	74% above HPI
1996 6 SEP	£190,000	£162,136	17% above HPI

MEADOWSIDE 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 MEADOWSIDE sales between September 1996 and January 2019 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 April 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the January 2019 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might MEADOWSIDE be worth now?

MEADOWSIDE might now be worth an estimated £1,154,821.

This is based on house price inflation of 13.8%, between January 2019 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 13.8% inflationary increase is applied to the most recent sale price for MEADOWSIDE of £1,015,000 on 14th January 2019. For the value to have increased from £1,015,000 to £1,154,821 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of MEADOWSIDE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The January 2019 sale price of £1,015,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWSIDE has not materially changed since January 2019.

How Large is MEADOWSIDE?

MEADOWSIDE is 256m², which includes three extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% 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 MEADOWSIDE lies on this distribution: 98% of detached houses houses are smaller than MEADOWSIDE, and 2% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

MEADOWSIDE: Plot and Title Map

MEADOWSIDE sits on a plot of roughly 0.275 of an acre, or 1,113m². The below map shows the location of MEADOWSIDE, 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 MEADOWSIDE). 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 MEADOWSIDE?

MEADOWSIDE is located on QUALITY STREET in MERSTHAM, in the RH1 postcode district. The below map shows the position of MEADOWSIDE on QUALITY STREET.