31, IVY DRIVE, LIGHTWATER, GU18 5YY - £450,000

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

31 IVY DRIVE is a very small detached house of 107m², built sometime between 1976 and 1982. It was last sold for £450,000 in January 2023, which was around 41% below the average January 2023 detached price in the Surrey Heath local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

31 IVY DRIVE Sold Prices

Land registry data shows three sales for 31 IVY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the three 31 IVY DRIVE 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
2023 31 JAN	£450,000	£761,202	41% below HPI
2003 16 SEP	£270,000	£368,840	27% below HPI
2001 3 DEC	£219,950	£305,181	28% below HPI

31 IVY DRIVE 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 three 31 IVY DRIVE sales between December 2001 and January 2023 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 September 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 31 IVY DRIVE?

31 IVY DRIVE is 107m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 31 IVY DRIVE lies on this distribution: 20% of detached houses are smaller than 31 IVY DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

31 IVY DRIVE: Plot and Title Map

31 IVY DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 31 IVY DRIVE, 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 31 IVY DRIVE). 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 31 IVY DRIVE?

31 IVY DRIVE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 31 on IVY DRIVE.