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
5 GORDON DRIVE is a very small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £600,000 in January 2023, which was around 35% below the average January 2023 detached price in the Runnymede local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 GORDON DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. All of the three 5 GORDON 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 19 JAN | £600,000 | £923,007 | 35% below HPI |
2018 18 MAY | £495,000 | £735,772 | 33% below HPI |
2015 7 DEC | £475,000 | £696,958 | 32% below HPI |
The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The three 5 GORDON DRIVE sales between December 2015 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 May 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
5 GORDON DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses by size in Chertsey, and where 5 GORDON DRIVE lies on this distribution: 18% of detached houses are smaller than 5 GORDON DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chertsey.
5 GORDON DRIVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 5 GORDON 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 5 GORDON 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.
5 GORDON DRIVE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 5 on GORDON DRIVE.