3, DERWENT CLOSE, ADDLESTONE, KT15 2JQ - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 DERWENT CLOSE is a very small extended detached house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £456,644. It was last sold for £450,000 in October 2024, which was around 49% below the average October 2024 detached price in the Runnymede local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

3 DERWENT CLOSE Sold Prices

Land registry data shows three sales for 3 DERWENT 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 3 DERWENT 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
2024 2 OCT	£450,000	£885,426	49% below HPI
2021 23 AUG	£405,000	£816,401	50% below HPI
2014 6 MAY	£250,000	£580,313	57% below HPI

3 DERWENT 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 3 DERWENT CLOSE sales between May 2014 and October 2024 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 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2024 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 3 DERWENT CLOSE be worth now?

3 DERWENT CLOSE might now be worth an estimated £456,644.

This is based on house price inflation of 1.5%, between October 2024 and December 2024, 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 1.5% inflationary increase is applied to the most recent sale price for 3 DERWENT CLOSE of £450,000 on 2nd October 2024. For the value to have increased from £450,000 to £456,644 over the ten months to December 2024, the following assumptions must hold true:

• The value of 3 DERWENT CLOSE has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The October 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DERWENT CLOSE has not materially changed since October 2024.

How Large is 3 DERWENT CLOSE?

3 DERWENT CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses houses in Addlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Addlestone, and where 3 DERWENT CLOSE lies on this distribution: 4% of detached houses houses are smaller than 3 DERWENT CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Addlestone.

3 DERWENT CLOSE: Plot and Title Map

3 DERWENT CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 DERWENT 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 3 DERWENT 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 3 DERWENT CLOSE?

3 DERWENT CLOSE is located in ADDLESTONE, in the KT15 postcode district. The below map shows the position of No. 3 on DERWENT CLOSE.