24, GRASMERE ROAD, LIGHTWATER, GU18 5TG - £345,000

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

24 GRASMERE ROAD is a small detached house of 120m², built sometime between 1983 and 1990. It was last sold for £345,000 in July 2005, which was around 5% below the average July 2005 detached price in the Surrey Heath local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

24 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 24 GRASMERE 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 24 GRASMERE 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
2005 7 JUL	£345,000	£361,519	5% below HPI
2003 27 AUG	£285,000	£362,050	21% below HPI

24 GRASMERE 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 24 GRASMERE ROAD sales from August 2003 and July 2005 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 August 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2005 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 24 GRASMERE ROAD?

24 GRASMERE ROAD is 120m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 24 GRASMERE ROAD lies on this distribution: 32% of detached houses are smaller than 24 GRASMERE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

24 GRASMERE ROAD: Plot and Title Map

24 GRASMERE ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 24 GRASMERE 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 24 GRASMERE 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 24 GRASMERE ROAD?

24 GRASMERE ROAD is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 24 on GRASMERE ROAD.