38, LONDON ROAD SOUTH, MERSTHAM, REDHILL, RH1 3DT - £535,000

38 LONDON ROAD SOUTH is a very large extended detached house of 296m², built sometime between 1930 and 1949. It was last sold for £535,000 in April 2010, which was around 10% above the average April 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

38 LONDON ROAD SOUTH Sold Prices

Land registry data shows two sales for 38 LONDON ROAD SOUTH 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 38 LONDON ROAD SOUTH sales were for above 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
2010 23 APR	£535,000	£486,990	10% above HPI
2000 14 APR	£295,000	£265,362	11% above HPI

38 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 two 38 LONDON ROAD SOUTH sales from April 2000 and April 2010 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 April 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2010 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 38 LONDON ROAD SOUTH?

38 LONDON ROAD SOUTH is 296m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% 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 38 LONDON ROAD SOUTH lies on this distribution: 99% of detached houses are smaller than 38 LONDON ROAD SOUTH, and 1% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

38 LONDON ROAD SOUTH: Plot and Title Map

38 LONDON ROAD SOUTH sits on a plot of roughly 0.319 of an acre, or 1,292m². The below map shows the location of 38 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 38 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 38 LONDON ROAD SOUTH?

38 LONDON ROAD SOUTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 38 on LONDON ROAD SOUTH.