48, GRASMERE ROAD, LIGHTWATER, GU18 5TJ - £570,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 GRASMERE ROAD is a very small detached house of 69m², built sometime between 1900 and 1929. It was last sold for £570,000 in April 2024, which was around 18% below the average April 2024 detached price in the Surrey Heath local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

48 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 48 GRASMERE 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. Both of the two 48 GRASMERE ROAD 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 29 APR	£570,000	£698,040	18% below HPI
2014 1 APR	£425,000	£507,482	16% below HPI

48 GRASMERE 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 48 GRASMERE ROAD sales from April 2014 and April 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 April 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 48 GRASMERE ROAD?

48 GRASMERE ROAD is 69m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 48 GRASMERE ROAD lies on this distribution: 2% of detached houses are smaller than 48 GRASMERE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

48 GRASMERE ROAD: Plot and Title Map

48 GRASMERE ROAD sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of 48 GRASMERE 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 48 GRASMERE 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 48 GRASMERE ROAD?

48 GRASMERE ROAD is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 48 on GRASMERE ROAD.