MERRIEGARDEN, BUCKLAND ROAD, REIGATE, RH2 9JP - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MERRIEGARDEN is a very small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £525,000 in June 2012, which was around 3% above the average June 2012 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.

MERRIEGARDEN Sold Prices

Land registry data shows two sales for MERRIEGARDEN 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. One of the two MERRIEGARDEN sales was for above the average price, whilst the other was 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
2012 1 JUN	£525,000	£508,355	3% above HPI
2005 26 JUL	£336,700	£424,823	21% below HPI

MERRIEGARDEN 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 MERRIEGARDEN sales from July 2005 and June 2012 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 July 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2012 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is MERRIEGARDEN?

MERRIEGARDEN is 113m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where MERRIEGARDEN lies on this distribution: 18% of detached houses are smaller than MERRIEGARDEN, and 82% of houses are larger. Note that EPC data is not available for all properties in Reigate.

MERRIEGARDEN: Plot and Title Map

MERRIEGARDEN sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of MERRIEGARDEN, 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 MERRIEGARDEN). 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 MERRIEGARDEN?

MERRIEGARDEN is located on BUCKLAND ROAD in REIGATE, in the RH2 postcode district. The below map shows the position of MERRIEGARDEN on BUCKLAND ROAD.