5A, STEPGATES, CHERTSEY, KT16 8HT - £425,000

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

5A STEPGATES is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £425,000 in October 2016, which was around 42% below the average October 2016 detached price in the Runnymede local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

5A STEPGATES Sold Prices

Land registry data shows two sales for 5A STEPGATES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. Both of the two 5A 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
2016 28 OCT	£425,000	£735,489	42% below HPI
2008 7 APR	£328,677	£526,348	38% below HPI

5A 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 two 5A STEPGATES sales from April 2008 and October 2016 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 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2016 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5A STEPGATES?

5A STEPGATES is 83m² 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 5A STEPGATES lies on this distribution: 10% of detached houses are smaller than 5A STEPGATES, and 89% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

5A STEPGATES: Plot and Title Map

5A STEPGATES sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 5A 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 5A 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 5A STEPGATES?

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