18, JUNCTION ROAD, LIGHTWATER, GU18 5TQ - £625,000

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

18 JUNCTION ROAD is a small extended detached house of 125m², built sometime between 1900 and 1929. It was last sold for £625,000 in February 2018, which was about the average February 2018 detached price in the Surrey Heath local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

18 JUNCTION ROAD Sold Prices

Land registry data shows four sales for 18 JUNCTION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. The four 18 JUNCTION ROAD sales were a mix of roughly equal to the average price, and 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
2018 2 FEB	£625,000	£623,974	Close to HPI
2008 30 OCT	£400,000	£418,789	4% below HPI
2007 11 JUN	£415,000	£437,305	5% below HPI
2002 30 AUG	£315,000	£335,854	6% below HPI

18 JUNCTION 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 four 18 JUNCTION ROAD sales between August 2002 and February 2018 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 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 JUNCTION ROAD?

18 JUNCTION ROAD is 125m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 18 JUNCTION ROAD lies on this distribution: 38% of detached houses are smaller than 18 JUNCTION ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

18 JUNCTION ROAD: Plot and Title Map

18 JUNCTION ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 18 JUNCTION 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 18 JUNCTION 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 18 JUNCTION ROAD?

18 JUNCTION ROAD is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 18 on JUNCTION ROAD.