MERSTHAM RECTORY, GATTON BOTTOM, MERSTHAM, REDHILL, RH1 3BH - £1,285,000

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.

MERSTHAM RECTORY is a very large extended detached house of 293m², which could now be worth an estimated £1,514,825. It was last sold for £1,285,000 in April 2019, which was around 67% above the average April 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was C.

MERSTHAM RECTORY Sold Prices

Land registry data shows two sales for MERSTHAM RECTORY 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. One of the two MERSTHAM RECTORY sales was for above the average price, whilst the other was roughly equal to 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 12 APR	£1,285,000	£771,312	67% above HPI
2013 20 DEC	£567,000	£567,104	Close to HPI

MERSTHAM RECTORY 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 MERSTHAM RECTORY sales from December 2013 and April 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 December 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2019 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might MERSTHAM RECTORY be worth now?

MERSTHAM RECTORY might now be worth an estimated £1,514,825.

This is based on house price inflation of 17.9%, between April 2019 and March 2025, for 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 17.9% inflationary increase is applied to the most recent sale price for MERSTHAM RECTORY of £1,285,000 on 12th April 2019. For the value to have increased from £1,285,000 to £1,514,825 over the six years and one month to March 2025, the following assumptions must hold true:

• The value of MERSTHAM RECTORY has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The April 2019 sale price of £1,285,000 represented a fair market value for the property.
• The size, condition, and specification of MERSTHAM RECTORY has not materially changed since April 2019.

How Large is MERSTHAM RECTORY?

MERSTHAM RECTORY is 293m², which includes three extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of detached houses houses in Merstham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merstham, and where MERSTHAM RECTORY lies on this distribution: 85% of detached houses houses are smaller than MERSTHAM RECTORY, and 15% of houses are larger. Note that EPC data is not available for all properties in Merstham.

MERSTHAM RECTORY: Plot and Title Map

MERSTHAM RECTORY sits on a plot of roughly 0.465 of an acre, or 1,880m². The below map shows the location of MERSTHAM RECTORY, 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 MERSTHAM RECTORY). 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 MERSTHAM RECTORY?

MERSTHAM RECTORY is located on GATTON BOTTOM in MERSTHAM, in the RH1 postcode district. The below map shows the position of MERSTHAM RECTORY on GATTON BOTTOM.