8, MARINA CLOSE, CHERTSEY, KT16 8NZ - £475,000

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.

8 MARINA CLOSE is a small extended semi-detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £565,161. It was last sold for £475,000 in December 2020, which was around 12% above the average December 2020 semi-detached price in the Runnymede local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

8 MARINA CLOSE Sold Prices

Land registry data shows four sales for 8 MARINA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Runnymede local authority area for the corresponding sale date. All of the four 8 MARINA CLOSE sales were for above 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 7 DEC	£475,000	£424,767	12% above HPI
2007 30 JUL	£295,000	£275,926	7% above HPI
2003 6 OCT	£247,000	£218,863	13% above HPI
1997 30 JAN	£120,000	£89,346	34% above HPI

8 MARINA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Runnymede local authority area over time, sourced from the HPI. The four 8 MARINA CLOSE sales between January 1997 and December 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 July 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 MARINA CLOSE be worth now?

8 MARINA CLOSE might now be worth an estimated £565,161.

This is based on house price inflation of 19%, between December 2020 and February 2025, for semi-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 19% inflationary increase is applied to the most recent sale price for 8 MARINA CLOSE of £475,000 on 7th December 2020. For the value to have increased from £475,000 to £565,161 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MARINA CLOSE has moved in line with the HPI for semi-detached houses in the Runnymede local authority area.
• The December 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARINA CLOSE has not materially changed since December 2020.

How Large is 8 MARINA CLOSE?

8 MARINA CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of semi-detached houses houses in Chertsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chertsey, and where 8 MARINA CLOSE lies on this distribution: 21% of semi-detached houses houses are smaller than 8 MARINA CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

8 MARINA CLOSE: Plot and Title Map

8 MARINA CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 8 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 8 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 8 MARINA CLOSE?

8 MARINA CLOSE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 8 on MARINA CLOSE.