121A, LONDON ROAD NORTH, MERSTHAM, REDHILL, RH1 3AL - £840,000

121A LONDON ROAD NORTH is a large detached house of 154m², built sometime between 1930 and 1949. It was last sold for £840,000 in February 2021, which was around 7% above the average February 2021 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

121A LONDON ROAD NORTH Sold Prices

Land registry data shows two sales for 121A LONDON ROAD NORTH 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 121A LONDON ROAD NORTH 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
2021 9 FEB	£840,000	£788,381	7% above HPI
2005 26 OCT	£395,000	£421,876	6% below HPI

121A LONDON ROAD NORTH 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 121A LONDON ROAD NORTH sales from October 2005 and February 2021 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 October 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 121A LONDON ROAD NORTH?

121A LONDON ROAD NORTH is 154m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Hooley, based on EPC data. The below chart shows the distribution of detached houses by size in Hooley, and where 121A LONDON ROAD NORTH lies on this distribution: 75% of detached houses are smaller than 121A LONDON ROAD NORTH, and 25% of houses are larger. Note that EPC data is not available for all properties in Hooley.

121A LONDON ROAD NORTH: Plot and Title Map

121A LONDON ROAD NORTH sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of 121A LONDON ROAD NORTH, 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 121A LONDON ROAD NORTH). 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 121A LONDON ROAD NORTH?

121A LONDON ROAD NORTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 121A on LONDON ROAD NORTH.