18, THE CROSSWAYS, MERSTHAM, REDHILL, RH1 3NA - £490,000

18 THE CROSSWAYS is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £490,000 in October 2018, which was around 35% below the average October 2018 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

18 THE CROSSWAYS Sold Prices

Land registry data shows two sales for 18 THE CROSSWAYS 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 18 THE CROSSWAYS sales were 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
2018 12 OCT	£490,000	£758,149	35% below HPI
2009 30 OCT	£250,000	£454,126	45% below HPI

18 THE CROSSWAYS 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 18 THE CROSSWAYS sales from October 2009 and October 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 October 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 THE CROSSWAYS?

18 THE CROSSWAYS is 100m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% 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 THE CROSSWAYS lies on this distribution: 29% of detached houses are smaller than 18 THE CROSSWAYS, and 70% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

18 THE CROSSWAYS: Plot and Title Map

18 THE CROSSWAYS sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 18 THE CROSSWAYS, 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 THE CROSSWAYS). 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 THE CROSSWAYS?

18 THE CROSSWAYS is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 18 on THE CROSSWAYS.