THE GLADE HOUSE, QUALITY STREET, MERSTHAM, REDHILL, RH1 3BB - £1,100,000

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

THE GLADE HOUSE is a very large detached house of 322m², built sometime between 1930 and 1949. It was last sold for £1,100,000 in May 2019, which was around 48% above the average May 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

THE GLADE HOUSE Sold Prices

Land registry data shows two sales for THE GLADE 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 THE GLADE 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 15 MAY	£1,100,000	£740,849	48% above HPI
2010 24 NOV	£850,000	£508,106	67% above HPI

THE GLADE 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 THE GLADE HOUSE sales from November 2010 and May 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 November 2010 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE GLADE HOUSE?

THE GLADE HOUSE is 322m² according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses in South Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in South Merstham, and where THE GLADE HOUSE lies on this distribution: More than 99% of detached houses are smaller than THE GLADE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

THE GLADE HOUSE: Plot and Title Map

THE GLADE HOUSE sits on a plot of roughly 1.8 acres, or 7,420m². The below map shows the location of THE GLADE 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 THE GLADE 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 THE GLADE HOUSE?

THE GLADE HOUSE is located on QUALITY STREET in MERSTHAM, in the RH1 postcode district. The below map shows the position of THE GLADE HOUSE on QUALITY STREET.