5, MYTCHETT LAKE ROAD, MYTCHETT, CAMBERLEY, GU16 6AW - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MYTCHETT LAKE ROAD is a midsized detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £386,932. It was last sold for £350,000 in November 2018, which was around 49% below the average November 2018 detached price in the Surrey Heath local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

5 MYTCHETT LAKE ROAD Sold Prices

Land registry data shows two sales for 5 MYTCHETT LAKE 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 5 MYTCHETT LAKE 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
2018 1 NOV	£350,000	£683,668	49% below HPI
1996 20 SEP	£94,750	£157,546	40% below HPI

5 MYTCHETT LAKE 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 5 MYTCHETT LAKE ROAD sales from September 1996 and November 2018 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 September 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 5 MYTCHETT LAKE ROAD be worth now?

5 MYTCHETT LAKE ROAD might now be worth an estimated £386,932.

This is based on house price inflation of 10.6%, between November 2018 and December 2024, for detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.6% inflationary increase is applied to the most recent sale price for 5 MYTCHETT LAKE ROAD of £350,000 on 1st November 2018. For the value to have increased from £350,000 to £386,932 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 MYTCHETT LAKE ROAD has moved in line with the HPI for detached houses in the Surrey Heath local authority area.
• The November 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MYTCHETT LAKE ROAD has not materially changed since November 2018.

How Large is 5 MYTCHETT LAKE ROAD?

5 MYTCHETT LAKE ROAD is 115m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses houses in Mytchett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mytchett, and where 5 MYTCHETT LAKE ROAD lies on this distribution: 41% of detached houses houses are smaller than 5 MYTCHETT LAKE ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Mytchett.

5 MYTCHETT LAKE ROAD: Plot and Title Map

5 MYTCHETT LAKE ROAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 5 MYTCHETT LAKE 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 5 MYTCHETT LAKE 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 5 MYTCHETT LAKE ROAD?

5 MYTCHETT LAKE ROAD is located in MYTCHETT, in the GU16 postcode district. The below map shows the position of No. 5 on MYTCHETT LAKE ROAD.