2, MYTCHETT LAKE ROAD, MYTCHETT, CAMBERLEY, GU16 6AL - £590,000

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 MYTCHETT LAKE ROAD is a midsized extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £590,000 in February 2021, which was around 10% below the average February 2021 detached price in the Surrey Heath local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

2 MYTCHETT LAKE ROAD Sold Prices

Land registry data shows two sales for 2 MYTCHETT LAKE 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 2 MYTCHETT LAKE 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
2021 24 FEB	£590,000	£658,712	10% below HPI
2011 25 MAR	£400,500	£441,241	9% below HPI

2 MYTCHETT LAKE 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 2 MYTCHETT LAKE ROAD sales from March 2011 and February 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 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 MYTCHETT LAKE ROAD?

2 MYTCHETT LAKE ROAD is 131m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Mytchett, based on EPC data. The below chart shows the distribution of detached houses by size in Mytchett, and where 2 MYTCHETT LAKE ROAD lies on this distribution: 59% of detached houses are smaller than 2 MYTCHETT LAKE ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Mytchett.

2 MYTCHETT LAKE ROAD: Plot and Title Map

2 MYTCHETT LAKE ROAD sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 2 MYTCHETT LAKE 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 MYTCHETT LAKE 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 MYTCHETT LAKE ROAD?

2 MYTCHETT LAKE ROAD is located in MYTCHETT, in the GU16 postcode district. The below map shows the position of No. 2 on MYTCHETT LAKE ROAD.