16, GRANGE CLOSE, MERSTHAM, REDHILL, RH1 3DY - £847,000

16 GRANGE CLOSE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £847,000 in October 2016, which was around 14% above the average October 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

16 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 16 GRANGE CLOSE 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 16 GRANGE CLOSE 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
2016 27 OCT	£847,000	£743,384	14% above HPI
2013 12 NOV	£440,000	£548,482	20% below HPI

16 GRANGE CLOSE 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 16 GRANGE CLOSE sales from November 2013 and October 2016 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 16 GRANGE CLOSE?

16 GRANGE CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% 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 16 GRANGE CLOSE lies on this distribution: 62% of detached houses are smaller than 16 GRANGE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

16 GRANGE CLOSE: Plot and Title Map

16 GRANGE CLOSE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 16 GRANGE CLOSE, 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 16 GRANGE CLOSE). 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 16 GRANGE CLOSE?

16 GRANGE CLOSE is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 16 on GRANGE CLOSE.