2A, BOURNE ROAD, MERSTHAM, REDHILL, RH1 3HF - £427,500

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.

2A BOURNE ROAD is a midsized extended semi-detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £623,981. It was last sold for £427,500 in September 2014, which was around 15% above the average September 2014 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

2A BOURNE ROAD Sold Prices

Land registry data shows four sales for 2A BOURNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 2A BOURNE ROAD sales were for above the average price, and four 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
2014 3 SEP	£427,500	£371,518	15% above HPI
2011 1 AUG	£338,000	£297,759	14% above HPI
2003 4 APR	£218,000	£222,776	2% below HPI
2001 25 MAY	£155,000	£167,390	7% below HPI

2A BOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 2A BOURNE ROAD sales between May 2001 and September 2014 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 August 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2A BOURNE ROAD be worth now?

2A BOURNE ROAD might now be worth an estimated £623,981.

This is based on house price inflation of 46%, between September 2014 and May 2026, for semi-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 46% inflationary increase is applied to the most recent sale price for 2A BOURNE ROAD of £427,500 on 3rd September 2014. For the value to have increased from £427,500 to £623,981 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 2A BOURNE ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The September 2014 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 2A BOURNE ROAD has not materially changed since September 2014.

How Large is 2A BOURNE ROAD?

2A BOURNE ROAD is 130m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of semi-detached houses houses in South Merstham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Merstham, and where 2A BOURNE ROAD lies on this distribution: 57% of semi-detached houses houses are smaller than 2A BOURNE ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

2A BOURNE ROAD: Plot and Title Map

2A BOURNE ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2A BOURNE ROAD, 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 2A BOURNE ROAD). 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 2A BOURNE ROAD?

2A BOURNE ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 2A on BOURNE ROAD.