2, THE ORCHARD, LIGHTWATER, GU18 5YS - £560,000

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 THE ORCHARD is a very small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £560,000 in June 2022, which was around 24% below the average June 2022 detached price in the Surrey Heath local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 THE ORCHARD Sold Prices

Land registry data shows four sales for 2 THE ORCHARD 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. All of the four 2 THE ORCHARD 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
2022 6 JUN	£560,000	£739,047	24% below HPI
2019 8 MAR	£450,000	£625,710	28% below HPI
2012 11 JAN	£365,000	£440,701	17% below HPI
1997 28 FEB	£125,000	£157,364	21% below HPI

2 THE ORCHARD 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 2 THE ORCHARD sales between February 1997 and June 2022 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 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 THE ORCHARD?

2 THE ORCHARD is 86m², which includes three extensions, according to the EPC inspection conducted in February 2022. 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 2 THE ORCHARD lies on this distribution: 7% of detached houses are smaller than 2 THE ORCHARD, and 93% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

2 THE ORCHARD: Plot and Title Map

2 THE ORCHARD sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 2 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

2 THE ORCHARD is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 2 on THE ORCHARD.