RIDGE HOUSE, SHEPHERDS HILL, MERSTHAM, REDHILL, RH1 3AD - £1,153,100

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

RIDGE HOUSE is a midsized extended detached house of 208m², built sometime between 1930 and 1949. It was last sold for £1,153,100 in February 2019, which was around 57% above the average February 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 D, and the potential energy rating was B.

RIDGE HOUSE Sold Prices

Land registry data shows two sales for RIDGE HOUSE 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 RIDGE HOUSE 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 22 FEB	£1,153,100	£736,393	57% above HPI
2004 16 SEP	£665,000	£413,457	61% above HPI

RIDGE HOUSE 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 RIDGE HOUSE sales from September 2004 and February 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 September 2004 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the February 2019 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is RIDGE HOUSE?

RIDGE HOUSE is 208m², which includes two extensions, according to the EPC inspection conducted in August 2018. 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 RIDGE HOUSE lies on this distribution: 52% of detached houses are smaller than RIDGE HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Merstham.

RIDGE HOUSE: Plot and Title Map

RIDGE HOUSE sits on a plot of roughly 0.828 of an acre, or 3,349m². The below map shows the location of RIDGE HOUSE, 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 RIDGE HOUSE). 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 RIDGE HOUSE?

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