5, LOVELLS CLOSE, LIGHTWATER, GU18 5RS - £525,000

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

5 LOVELLS CLOSE is a small extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £525,000 in February 2020, which was around 16% below the average February 2020 detached price in the Surrey Heath local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

5 LOVELLS CLOSE Sold Prices

Land registry data shows two sales for 5 LOVELLS CLOSE 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 5 LOVELLS CLOSE 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
2020 17 FEB	£525,000	£622,724	16% below HPI
2012 11 APR	£310,000	£451,354	31% below HPI

5 LOVELLS CLOSE 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 5 LOVELLS CLOSE sales from April 2012 and February 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 April 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 LOVELLS CLOSE?

5 LOVELLS CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 5 LOVELLS CLOSE lies on this distribution: 31% of detached houses are smaller than 5 LOVELLS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

5 LOVELLS CLOSE: Plot and Title Map

5 LOVELLS CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 5 LOVELLS CLOSE, 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 LOVELLS CLOSE). 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 5 LOVELLS CLOSE?

5 LOVELLS CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 5 on LOVELLS CLOSE.