MEADOWSIDE, QUALITY STREET, MERSTHAM, REDHILL, RH1 3BB - £1,015,000

MEADOWSIDE is a very large extended detached house of 256m², built sometime between 1900 and 1929. It was last sold for £1,015,000 in January 2019, which was around 34% above the average January 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

MEADOWSIDE Sold Prices

Land registry data shows four sales for MEADOWSIDE 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. All of the four MEADOWSIDE 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
2019 14 JAN	£1,015,000	£756,177	34% above HPI
2007 27 APR	£718,000	£466,601	54% above HPI
2001 9 JUL	£560,000	£306,243	83% above HPI
1996 6 SEP	£190,000	£154,582	23% above HPI

MEADOWSIDE 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 MEADOWSIDE sales between September 1996 and January 2019 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 2007 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2019 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is MEADOWSIDE?

MEADOWSIDE is 256m², which includes three extensions, according to the EPC inspection conducted in August 2018. 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 MEADOWSIDE lies on this distribution: 98% of detached houses are smaller than MEADOWSIDE, and 2% of houses are larger. Note that EPC data is not available for all properties in South Merstham.

MEADOWSIDE: Plot and Title Map

MEADOWSIDE sits on a plot of roughly 0.275 of an acre, or 1,113m². The below map shows the location of MEADOWSIDE, 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 MEADOWSIDE). 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 MEADOWSIDE?

MEADOWSIDE is located on QUALITY STREET in MERSTHAM, in the RH1 postcode district. The below map shows the position of MEADOWSIDE on QUALITY STREET.