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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 THE CROSSWAYS is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £572,576. It was last sold for £490,000 in October 2018, which was around 38% 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	£795,196	38% below HPI
2009 30 OCT	£250,000	£476,317	48% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 18 THE CROSSWAYS be worth now?

18 THE CROSSWAYS might now be worth an estimated £572,576.

This is based on house price inflation of 16.9%, between October 2018 and June 2025, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 18 THE CROSSWAYS of £490,000 on 12th October 2018. For the value to have increased from £490,000 to £572,576 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 18 THE CROSSWAYS has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2018 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE CROSSWAYS has not materially changed since October 2018.

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 houses in South Merstham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Merstham, and where 18 THE CROSSWAYS lies on this distribution: 27% of detached houses houses are smaller than 18 THE CROSSWAYS, and 72% 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.