3, THE HOLLIES, GUILDFORD ROAD, OTTERSHAW, CHERTSEY, KT16 0NZ - £391,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THE HOLLIES is a small extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £704,600. It was last sold for £391,000 in October 2012, which was around 25% below the average October 2012 detached price in the Runnymede local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

3 THE HOLLIES Sold Prices

Land registry data shows two sales for 3 THE HOLLIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. Both of the two 3 THE HOLLIES 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
2012 26 OCT	£391,000	£518,001	25% below HPI
2006 13 OCT	£342,000	£455,383	25% below HPI

3 THE HOLLIES 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 two 3 THE HOLLIES sales from October 2006 and October 2012 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 October 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2012 sale, which was also at 25% below the HPI.

What might 3 THE HOLLIES be worth now?

3 THE HOLLIES might now be worth an estimated £704,600.

This is based on house price inflation of 80.2%, between October 2012 and February 2025, 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 80.2% inflationary increase is applied to the most recent sale price for 3 THE HOLLIES of £391,000 on 26th October 2012. For the value to have increased from £391,000 to £704,600 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 THE HOLLIES has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The October 2012 sale price of £391,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE HOLLIES has not materially changed since October 2012.

How Large is 3 THE HOLLIES?

3 THE HOLLIES is 116m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses houses in Ottershaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ottershaw, and where 3 THE HOLLIES lies on this distribution: 37% of detached houses houses are smaller than 3 THE HOLLIES, and 63% of houses are larger. Note that EPC data is not available for all properties in Ottershaw.

3 THE HOLLIES: Plot and Title Map

3 THE HOLLIES sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 THE HOLLIES, 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 THE HOLLIES). 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 THE HOLLIES?

3 THE HOLLIES is located on GUILDFORD ROAD in OTTERSHAW, in the KT16 postcode district. The below map shows the position of 3 THE HOLLIES on GUILDFORD ROAD.