16, MEADOWBANK ROAD, LIGHTWATER, GU18 5SX - £425,000

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

16 MEADOWBANK ROAD is a very small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £425,000 in January 2016, which was around 30% below the average January 2016 detached price in the Surrey Heath local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

16 MEADOWBANK ROAD Sold Prices

Land registry data shows two sales for 16 MEADOWBANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 16 MEADOWBANK ROAD sales were 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
2016 28 JAN	£425,000	£610,135	30% below HPI
2013 27 SEP	£340,000	£487,844	30% below HPI

16 MEADOWBANK ROAD 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 two 16 MEADOWBANK ROAD sales from September 2013 and January 2016 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 September 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2016 sale, which was also at 30% below the HPI.

How Large is 16 MEADOWBANK ROAD?

16 MEADOWBANK ROAD is 88m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 16 MEADOWBANK ROAD lies on this distribution: 8% of detached houses are smaller than 16 MEADOWBANK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

16 MEADOWBANK ROAD: Plot and Title Map

16 MEADOWBANK ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 16 MEADOWBANK ROAD, 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 16 MEADOWBANK ROAD). 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 16 MEADOWBANK ROAD?

16 MEADOWBANK ROAD is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 16 on MEADOWBANK ROAD.