8, BLETCHINGLEY ROAD, MERSTHAM, REDHILL, RH1 3PH - £693,100

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.

8 BLETCHINGLEY ROAD is a large extended semi-detached house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £795,911. It was last sold for £693,100 in February 2021, which was around 47% above the average February 2021 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

8 BLETCHINGLEY ROAD Sold Prices

Land registry data shows three sales for 8 BLETCHINGLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 8 BLETCHINGLEY ROAD 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
2021 15 FEB	£693,100	£472,222	47% above HPI
2009 20 NOV	£314,000	£274,659	14% above HPI
2003 24 SEP	£240,000	£231,085	4% above HPI

8 BLETCHINGLEY 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 three 8 BLETCHINGLEY ROAD sales between September 2003 and February 2021 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 November 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 8 BLETCHINGLEY ROAD be worth now?

8 BLETCHINGLEY ROAD might now be worth an estimated £795,911.

This is based on house price inflation of 14.8%, between February 2021 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 14.8% inflationary increase is applied to the most recent sale price for 8 BLETCHINGLEY ROAD of £693,100 on 15th February 2021. For the value to have increased from £693,100 to £795,911 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 BLETCHINGLEY ROAD has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The February 2021 sale price of £693,100 represented a fair market value for the property.
• The size, condition, and specification of 8 BLETCHINGLEY ROAD has not materially changed since February 2021.

How Large is 8 BLETCHINGLEY ROAD?

8 BLETCHINGLEY ROAD is 145m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% 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 8 BLETCHINGLEY ROAD lies on this distribution: 67% of semi-detached houses houses are smaller than 8 BLETCHINGLEY ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

8 BLETCHINGLEY ROAD: Plot and Title Map

8 BLETCHINGLEY ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 8 BLETCHINGLEY 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 8 BLETCHINGLEY 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 8 BLETCHINGLEY ROAD?

8 BLETCHINGLEY ROAD is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 8 on BLETCHINGLEY ROAD.