1, LOVELLS CLOSE, LIGHTWATER, GU18 5RS - £725,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LOVELLS CLOSE is a very large extended detached house of 191m², built sometime between 1983 and 1990. It was last sold for £725,000 in March 2021, which was around 10% above the average March 2021 detached price in the Surrey Heath local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

1 LOVELLS CLOSE Sold Prices

Land registry data shows three sales for 1 LOVELLS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Two of the three 1 LOVELLS CLOSE sales were for above the average price, whilst one was for below 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 12 MAR	£725,000	£660,901	10% above HPI
2017 27 JAN	£619,000	£622,163	1% below HPI
2007 12 JAN	£429,000	£415,802	3% above HPI

1 LOVELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The three 1 LOVELLS CLOSE sales between January 2007 and March 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 January 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 LOVELLS CLOSE?

1 LOVELLS CLOSE is 191m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 1 LOVELLS CLOSE lies on this distribution: 86% of detached houses are smaller than 1 LOVELLS CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

1 LOVELLS CLOSE: Plot and Title Map

1 LOVELLS CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 1 LOVELLS CLOSE, 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 1 LOVELLS CLOSE). 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 1 LOVELLS CLOSE?

1 LOVELLS CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 1 on LOVELLS CLOSE.