PILGRIMS LODGE, SHEPHERDS HILL, MERSTHAM, REDHILL, RH1 3AD - £1,195,000

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

PILGRIMS LODGE is a midsized extended detached house of 210m², built sometime between 1900 and 1929. It was last sold for £1,195,000 in September 2021, which was around 51% above the average September 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

PILGRIMS LODGE Sold Prices

Land registry data shows two sales for PILGRIMS LODGE 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 PILGRIMS 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
2021 27 SEP	£1,195,000	£791,383	51% above HPI
2012 2 MAY	£870,000	£501,698	73% above HPI

PILGRIMS 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 two PILGRIMS LODGE sales from May 2012 and September 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 May 2012 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is PILGRIMS LODGE?

PILGRIMS LODGE is 210m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in Merstham, and where PILGRIMS LODGE lies on this distribution: 55% of detached houses are smaller than PILGRIMS LODGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Merstham.

PILGRIMS LODGE: Plot and Title Map

PILGRIMS LODGE sits on a plot of roughly 0.845 of an acre, or 3,420m². The below map shows the location of PILGRIMS 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 PILGRIMS 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 PILGRIMS LODGE?

PILGRIMS LODGE is located on SHEPHERDS HILL in MERSTHAM, in the RH1 postcode district. The below map shows the position of PILGRIMS LODGE on SHEPHERDS HILL.