38 Mill Lane, Merstham, Redhill, RH1 3HQ is a freehold semi-detached property built between 1983-1990. The property offers approximately 527 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £370,847 , which equates to approximately £703 per square foot. It was last sold on 6 May 2021 for £319,000. Since then, the value has increased by £51,847, representing a 16.3% increase, or approximately 3.5% per year.

The current estimated value of £370,847 is:

  • 0.1% higher than the average property price on Mill Lane
  • 7.8% lower than the average in the RH1 3HQ postcode area
  • and 20.7% lower than the average price for Redhill as a whole

At the most recent EPC inspection on 4 June 2020, the property was recorded as owner-occupied.

View sold house prices in RH1 3HQ

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
1983-1990
Interior Size
527 sq ft
Tenure
Freehold
Price (estimate)
£370,847
Price Per sq ft (estimate)
£703
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Mill Lane, Merstham, Redhill, Reigate And Banstead, Surrey, RH1 3HQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Jun 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Oct 2018, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 39.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RH1 3HQ

12 th / 33
Price Rank
8% lower than average
17 th / 21
Size Rank
29% smaller than average
4 th / 21
Price Per Sq FT Rank
29% higher than average

Compared to other properties in RH1 3HQ , this bungalow's estimated value ranks 12th out of 33. Based on price per square foot, it ranks 4th out of 21 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 17th out of 21 properties in its postcode area.

Sale History

Today
£370,847
streetscan.co.uk estimate
+16 %
6 May 2021
£319,000
Leasehold
+11.1 %
1 Feb 2019
£287,000
Leasehold
+59.4 %
9 Dec 2005
£180,000
Leasehold
+130.8 %
12 Sep 1997
£78,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 517 sq ft
sale price: £320,000
sale date: 31 Jul 2023
rooms: 3
size: 495 sq ft
sale price: £365,000
sale date: 18 Oct 2021
rooms: 3
size: 495 sq ft
sale price: £315,000
sale date: 21 Jan 2019
rooms: 3
size: 506 sq ft
sale price: £220,000
sale date: 10 Mar 2014
rooms: 3
size: 538 sq ft
sale price: £220,000
sale date: 28 Jun 2013

Data Sources

The property at 38 Mill Lane, Merstham, Redhill, RH1 3HQ appears four times in the Land Registry records, with the latest transaction recorded on 6 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jun 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.