NORTH LODGE, GATTON BOTTOM, MERSTHAM, REDHILL, RH1 3BH - £565,000

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

NORTH LODGE is a small extended detached house of 184m², built sometime before 1900. It was last sold for £565,000 in June 2010, which was around 13% above the average June 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

NORTH LODGE Sold Prices

Land registry data shows five sales for NORTH LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five NORTH LODGE 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
2010 30 JUN	£565,000	£498,300	13% above HPI
2007 16 FEB	£600,000	£457,000	31% above HPI
2000 29 SEP	£465,000	£292,572	59% above HPI
1999 5 NOV	£395,000	£247,876	59% above HPI
1998 3 JUL	£325,000	£204,770	59% above HPI

NORTH LODGE 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 five NORTH LODGE sales between July 1998 and June 2010 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 February 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2010 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is NORTH LODGE?

NORTH LODGE is 184m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in Merstham, and where NORTH LODGE lies on this distribution: 38% of detached houses are smaller than NORTH LODGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Merstham.

NORTH LODGE: Plot and Title Map

NORTH LODGE sits on a plot of roughly 0.558 of an acre, or 2,260m². The below map shows the location of NORTH LODGE, 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 NORTH LODGE). 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 NORTH LODGE?

NORTH LODGE is located on GATTON BOTTOM in MERSTHAM, in the RH1 postcode district. The below map shows the position of NORTH LODGE on GATTON BOTTOM.