RHYDLANFAIR, SHEPHERDS HILL, MERSTHAM, REDHILL, RH1 3AD - £1,030,000

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

RHYDLANFAIR is a midsized extended detached house of 194m², built sometime between 1900 and 1929. It was last sold for £1,030,000 in March 2023, which was around 19% above the average March 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

RHYDLANFAIR Sold Prices

Land registry data shows two sales for RHYDLANFAIR 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 RHYDLANFAIR 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
2023 31 MAR	£1,030,000	£868,940	19% above HPI
2021 22 FEB	£527,000	£788,381	33% below HPI

RHYDLANFAIR 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 RHYDLANFAIR sales from February 2021 and March 2023 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 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is RHYDLANFAIR?

RHYDLANFAIR is 194m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 RHYDLANFAIR lies on this distribution: 43% of detached houses are smaller than RHYDLANFAIR, and 57% of houses are larger. Note that EPC data is not available for all properties in Merstham.

RHYDLANFAIR: Plot and Title Map

RHYDLANFAIR sits on a plot of roughly 0.509 of an acre, or 2,060m². The below map shows the location of RHYDLANFAIR, 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 RHYDLANFAIR). 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 RHYDLANFAIR?

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