12, STEPGATES, CHERTSEY, KT16 8HX - £990,000

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

12 STEPGATES is a very large extended detached house of 272m², built sometime between 1900 and 1929. It was last sold for £990,000 in September 2021, which was around 20% above the average September 2021 detached price in the Runnymede local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

12 STEPGATES Sold Prices

Land registry data shows two sales for 12 STEPGATES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. One of the two 12 STEPGATES sales was for above the average price, whilst the other 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 15 SEP	£990,000	£821,627	20% above HPI
2013 25 OCT	£530,000	£551,215	4% below HPI

12 STEPGATES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The two 12 STEPGATES sales from October 2013 and September 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 October 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 12 STEPGATES?

12 STEPGATES is 272m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses by size in Chertsey, and where 12 STEPGATES lies on this distribution: 99% of detached houses are smaller than 12 STEPGATES, and 1% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

12 STEPGATES: Plot and Title Map

12 STEPGATES sits on a plot of roughly 0.228 of an acre, or 925m². The below map shows the location of 12 STEPGATES, 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 12 STEPGATES). 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 12 STEPGATES?

12 STEPGATES is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 12 on STEPGATES.