SHEILING, CHURCH HILL, MERSTHAM, REDHILL, RH1 3BL - £808,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SHEILING is a very large extended detached house of 299m², built sometime between 1930 and 1949. It was last sold for £808,000 in December 2013, which was around 49% above the average December 2013 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

SHEILING Sold Prices

Land registry data shows three sales for SHEILING since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three SHEILING 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
2013 6 DEC	£808,000	£540,683	49% above HPI
2003 15 JUL	£620,000	£395,189	57% above HPI
1996 13 DEC	£265,000	£156,175	70% above HPI

SHEILING 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 three SHEILING sales between December 1996 and December 2013 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 2003 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2013 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is SHEILING?

SHEILING is 299m², which includes three extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in Merstham, and where SHEILING lies on this distribution: 88% of detached houses are smaller than SHEILING, and 12% of houses are larger. Note that EPC data is not available for all properties in Merstham.

SHEILING: Plot and Title Map

SHEILING sits on a plot of roughly 0.449 of an acre, or 1,816m². The below map shows the location of SHEILING, 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 SHEILING). 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 SHEILING?

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