81, LONDON ROAD SOUTH, MERSTHAM, REDHILL, RH1 3AX - £820,000

81 LONDON ROAD SOUTH is a very large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £820,000 in August 2023, which was around 12% below the average August 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

81 LONDON ROAD SOUTH Sold Prices

Land registry data shows four sales for 81 LONDON ROAD SOUTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 81 LONDON ROAD SOUTH sales were for below the average price, and four 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
2023 18 AUG	£820,000	£931,579	12% below HPI
2018 15 OCT	£740,000	£758,149	2% below HPI
2002 8 MAR	£475,000	£328,097	45% above HPI
1996 1 NOV	£176,000	£155,028	14% above HPI

81 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 four 81 LONDON ROAD SOUTH sales between November 1996 and August 2023 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 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 81 LONDON ROAD SOUTH?

81 LONDON ROAD SOUTH is 196m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 81 LONDON ROAD SOUTH lies on this distribution: 93% of detached houses are smaller than 81 LONDON ROAD SOUTH, and 7% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

81 LONDON ROAD SOUTH: Plot and Title Map

81 LONDON ROAD SOUTH sits on a plot of roughly 0.221 of an acre, or 893m². The below map shows the location of 81 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 81 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 81 LONDON ROAD SOUTH?

81 LONDON ROAD SOUTH is located in MERSTHAM, in the RH1 postcode district. The below map shows the position of No. 81 on LONDON ROAD SOUTH.