2, MURRAY ROAD, OTTERSHAW, CHERTSEY, KT16 0HN - £470,000

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

2 MURRAY ROAD is a very small extended detached house of 73m², built sometime before 1900. It was last sold for £470,000 in July 2019, which was around 37% below the average July 2019 detached price in the Runnymede local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

2 MURRAY ROAD Sold Prices

Land registry data shows two sales for 2 MURRAY 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 Runnymede local authority area for the corresponding sale date. Both of the two 2 MURRAY 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
2019 19 JUL	£470,000	£743,066	37% below HPI
2004 28 MAY	£300,000	£399,643	25% below HPI

2 MURRAY ROAD 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 2 MURRAY ROAD sales from May 2004 and July 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 May 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 MURRAY ROAD?

2 MURRAY ROAD is 73m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Ottershaw, based on EPC data. The below chart shows the distribution of detached houses by size in Ottershaw, and where 2 MURRAY ROAD lies on this distribution: 5% of detached houses are smaller than 2 MURRAY ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Ottershaw.

2 MURRAY ROAD: Plot and Title Map

2 MURRAY ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 MURRAY 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 2 MURRAY 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 2 MURRAY ROAD?

2 MURRAY ROAD is located in OTTERSHAW, in the KT16 postcode district. The below map shows the position of No. 2 on MURRAY ROAD.