51, STEPGATES, CHERTSEY, KT16 8HT - £332,000

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

51 STEPGATES is a very small extended semi-detached house of 69m², built sometime between 1900 and 1929. It was last sold for £332,000 in August 2019, which was around 56% below the average August 2019 detached price in the Runnymede local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

51 STEPGATES Sold Prices

Land registry data shows three sales for 51 STEPGATES since 1^st 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 51 STEPGATES 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
2019 8 AUG	£332,000	£750,578	56% below HPI
2012 14 SEP	£240,000	£512,519	53% below HPI
2003 24 NOV	£170,000	£400,817	58% below HPI

51 STEPGATES 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 three 51 STEPGATES sales between November 2003 and August 2019 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 2012 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the August 2019 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 51 STEPGATES?

51 STEPGATES is 69m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses by size in Chertsey, and where 51 STEPGATES lies on this distribution: 3% of detached houses are smaller than 51 STEPGATES, and 97% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

51 STEPGATES: Plot and Title Map

51 STEPGATES sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 51 STEPGATES, 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 51 STEPGATES). 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 51 STEPGATES?

51 STEPGATES is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 51 on STEPGATES.