2, LOWTHER CLOSE, CHERTSEY, KT16 9FH - £647,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LOWTHER CLOSE is a large detached house of 140m², which could now be worth an estimated £738,789. It was last sold for £647,000 in June 2021, which was around 21% below the average June 2021 detached price in the Runnymede local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

2 LOWTHER CLOSE Sold Prices

Land registry data shows three sales for 2 LOWTHER 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 Runnymede local authority area for the corresponding sale date. All of the three 2 LOWTHER 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
2021 24 JUN	£647,000	£817,486	21% below HPI
2018 14 MAR	£650,000	£745,322	13% below HPI
2016 15 FEB	£630,000	£717,374	12% below HPI

2 LOWTHER CLOSE 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 three 2 LOWTHER CLOSE sales between February 2016 and June 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 March 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 LOWTHER CLOSE be worth now?

2 LOWTHER CLOSE might now be worth an estimated £738,789.

This is based on house price inflation of 14.2%, between June 2021 and February 2025, for detached houses, in the Runnymede local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for 2 LOWTHER CLOSE of £647,000 on 24th June 2021. For the value to have increased from £647,000 to £738,789 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 LOWTHER CLOSE has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The June 2021 sale price of £647,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWTHER CLOSE has not materially changed since June 2021.

How Large is 2 LOWTHER CLOSE?

2 LOWTHER CLOSE is 140m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chertsey, and where 2 LOWTHER CLOSE lies on this distribution: 68% of detached houses houses are smaller than 2 LOWTHER CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

2 LOWTHER CLOSE: Plot and Title Map

2 LOWTHER CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 LOWTHER 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 2 LOWTHER 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 2 LOWTHER CLOSE?

2 LOWTHER CLOSE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 2 on LOWTHER CLOSE.