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
WEST CROSS is a very large extended detached house of 390m², built sometime between 1900 and 1929. It was last sold for £1,375,000 in July 2018, which was around 78% above the average July 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for WEST CROSS since 1st 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 WEST CROSS 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 |
---|---|---|---|
2018 16 JUL | £1,375,000 | £773,792 | 78% above HPI |
2002 12 DEC | £590,000 | £383,296 | 54% above HPI |
1996 6 SEP | £245,000 | £154,582 | 58% above HPI |
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 WEST CROSS sales between September 1996 and July 2018 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 December 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2018 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.
WEST CROSS is 390m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses by size in Merstham, and where WEST CROSS lies on this distribution: 98% of detached houses are smaller than WEST CROSS, and 2% of houses are larger. Note that EPC data is not available for all properties in Merstham.
WEST CROSS sits on a plot of roughly 1.3 acres, or 5,158m². The below map shows the location of WEST CROSS, 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 WEST CROSS). 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.
WEST CROSS is located on ROCKSHAW ROAD in MERSTHAM, in the RH1 postcode district. The below map shows the position of WEST CROSS on ROCKSHAW ROAD.