5, MARINA CLOSE, CHERTSEY, KT16 8NZ - £500,000

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.

5 MARINA CLOSE is a very small detached house of 59m², built sometime from 2007 onwards, which could now be worth an estimated £509,797. It was last sold for £500,000 in November 2022, which was around 45% below the average November 2022 detached price in the Runnymede local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

5 MARINA CLOSE Sold Prices

Land registry data shows five sales for 5 MARINA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. All of the five 5 MARINA 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
2022 11 NOV	£500,000	£915,524	45% below HPI
2018 28 AUG	£399,950	£769,297	48% below HPI
2009 10 AUG	£245,000	£439,788	44% below HPI
2001 21 SEP	£185,000	£336,261	45% below HPI
1995 20 DEC	£91,950	£153,383	40% below HPI

5 MARINA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The five 5 MARINA CLOSE sales between December 1995 and November 2022 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 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2022 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 MARINA CLOSE be worth now?

5 MARINA CLOSE might now be worth an estimated £509,797.

This is based on house price inflation of 2%, between November 2022 and February 2025, for 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 2% inflationary increase is applied to the most recent sale price for 5 MARINA CLOSE of £500,000 on 11th November 2022. For the value to have increased from £500,000 to £509,797 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 MARINA CLOSE has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The November 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARINA CLOSE has not materially changed since November 2022.

How Large is 5 MARINA CLOSE?

5 MARINA CLOSE is 59m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chertsey, and where 5 MARINA CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 MARINA CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

5 MARINA CLOSE: Plot and Title Map

5 MARINA CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 5 MARINA 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 MARINA 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 MARINA CLOSE?

5 MARINA CLOSE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 5 on MARINA CLOSE.