18, LONDON ROAD SOUTH, MERSTHAM, REDHILL, RH1 3DT - £780,000

18 LONDON ROAD SOUTH is a very large extended detached house of 175m², built sometime between 1950 and 1966. It was last sold for £780,000 in August 2016, which was around 4% above the average August 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

18 LONDON ROAD SOUTH Sold Prices

Land registry data shows three sales for 18 LONDON ROAD SOUTH 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. Two of the three 18 LONDON ROAD SOUTH sales were for above the average price, whilst one 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 15 AUG	£780,000	£750,545	4% above HPI
2011 31 OCT	£585,000	£510,288	15% above HPI
2000 4 MAY	£180,000	£264,219	32% below HPI

18 LONDON ROAD SOUTH 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 18 LONDON ROAD SOUTH sales between May 2000 and August 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 October 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2016 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 18 LONDON ROAD SOUTH?

18 LONDON ROAD SOUTH is 175m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% 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 18 LONDON ROAD SOUTH lies on this distribution: 86% of detached houses are smaller than 18 LONDON ROAD SOUTH, and 14% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

18 LONDON ROAD SOUTH: Plot and Title Map

18 LONDON ROAD SOUTH sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of 18 LONDON ROAD SOUTH, 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 18 LONDON ROAD SOUTH). 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 18 LONDON ROAD SOUTH?

18 LONDON ROAD SOUTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 18 on LONDON ROAD SOUTH.