38, STEPGATES, CHERTSEY, KT16 8HX - £425,000

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.

38 STEPGATES is a very small extended semi-detached house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £505,670. It was last sold for £425,000 in December 2020, which was about the average December 2020 semi-detached price in the Runnymede local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

38 STEPGATES Sold Prices

Land registry data shows three sales for 38 STEPGATES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Runnymede local authority area for the corresponding sale date. The three 38 STEPGATES sales were a mix of roughly equal to the average price, above the average price, and 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
2020 17 DEC	£425,000	£424,767	Close to HPI
2012 13 AUG	£350,000	£275,464	27% above HPI
2012 20 JAN	£205,000	£260,555	21% below HPI

38 STEPGATES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Runnymede local authority area over time, sourced from the HPI. The three 38 STEPGATES sales between January 2012 and December 2020 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 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 38 STEPGATES be worth now?

38 STEPGATES might now be worth an estimated £505,670.

This is based on house price inflation of 19%, between December 2020 and February 2025, for semi-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 19% inflationary increase is applied to the most recent sale price for 38 STEPGATES of £425,000 on 17th December 2020. For the value to have increased from £425,000 to £505,670 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 STEPGATES has moved in line with the HPI for semi-detached houses in the Runnymede local authority area.
• The December 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 38 STEPGATES has not materially changed since December 2020.

How Large is 38 STEPGATES?

38 STEPGATES is 89m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of semi-detached houses houses in Chertsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chertsey, and where 38 STEPGATES lies on this distribution: 18% of semi-detached houses houses are smaller than 38 STEPGATES, and 81% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

38 STEPGATES: Plot and Title Map

38 STEPGATES sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 38 STEPGATES, 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 38 STEPGATES). 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 38 STEPGATES?

38 STEPGATES is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 38 on STEPGATES.