18, THE CLOSE, LIGHTWATER, GU18 5RH - £330,000

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 THE CLOSE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £330,000 in September 2019, which was around 49% below the average September 2019 detached price in the Surrey Heath local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was C.

18 THE CLOSE Sold Prices

Land registry data shows three sales for 18 THE 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. All of the three 18 THE CLOSE 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
2019 18 SEP	£330,000	£645,522	49% below HPI
2011 5 DEC	£236,000	£441,639	47% below HPI
2007 30 MAR	£223,000	£408,588	45% below HPI

18 THE 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 18 THE CLOSE sales between March 2007 and September 2019 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 December 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 18 THE CLOSE?

18 THE CLOSE is 62m² according to the EPC inspection conducted in November 2010. 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 18 THE CLOSE lies on this distribution: 1% of detached houses are smaller than 18 THE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

18 THE CLOSE: Plot and Title Map

18 THE CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 18 THE 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 18 THE 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 18 THE CLOSE?

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