3, JUNCTION ROAD, LIGHTWATER, GU18 5TQ - £600,000

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

3 JUNCTION ROAD is a small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £600,000 in June 2019, which was around 6% below the average June 2019 detached price in the Surrey Heath local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

3 JUNCTION ROAD Sold Prices

Land registry data shows two sales for 3 JUNCTION 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. One of the two 3 JUNCTION ROAD sales was for below the average price, whilst the other was for above 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 3 JUN	£600,000	£635,498	6% below HPI
2011 22 JUN	£439,000	£429,780	2% above HPI

3 JUNCTION 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 3 JUNCTION ROAD sales from June 2011 and June 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 June 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 JUNCTION ROAD?

3 JUNCTION ROAD is 113m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 3 JUNCTION ROAD lies on this distribution: 25% of detached houses are smaller than 3 JUNCTION ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

3 JUNCTION ROAD: Plot and Title Map

3 JUNCTION ROAD sits on a plot of roughly 0.159 of an acre, or 641m². The below map shows the location of 3 JUNCTION 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 3 JUNCTION 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 3 JUNCTION ROAD?

3 JUNCTION ROAD is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 3 on JUNCTION ROAD.