8, SPRINGFIELDS CLOSE, CHERTSEY, KT16 8JT - £400,000

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

8 SPRINGFIELDS CLOSE is a very small semi-detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £396,163. It was last sold for £400,000 in December 2022, which was around 19% below the average December 2022 semi-detached price in the Runnymede local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

8 SPRINGFIELDS CLOSE Sold Prices

Land registry data shows two sales for 8 SPRINGFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Runnymede local authority area for the corresponding sale date. One of the two 8 SPRINGFIELDS CLOSE sales was for below the average price, whilst the other was 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
2022 6 DEC	£400,000	£492,803	19% below HPI
1997 29 AUG	£99,950	£97,911	2% above HPI

8 SPRINGFIELDS 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 two 8 SPRINGFIELDS CLOSE sales from August 1997 and December 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 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 SPRINGFIELDS CLOSE be worth now?

8 SPRINGFIELDS CLOSE might now be worth an estimated £396,163.

This is based on house price deflation of 1%, between December 2022 and December 2024, 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 1% deflationary decrease is applied to the most recent sale price for 8 SPRINGFIELDS CLOSE of £400,000 on 6th December 2022. For the value to have decreased from £400,000 to £396,163 over the two years to December 2024, the following assumptions must hold true:

• The value of 8 SPRINGFIELDS CLOSE has moved in line with the HPI for semi-detached houses in the Runnymede local authority area.
• The December 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRINGFIELDS CLOSE has not materially changed since December 2022.

How Large is 8 SPRINGFIELDS CLOSE?

8 SPRINGFIELDS CLOSE is 61m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% 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 SPRINGFIELDS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 SPRINGFIELDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

8 SPRINGFIELDS CLOSE: Plot and Title Map

8 SPRINGFIELDS CLOSE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 8 SPRINGFIELDS 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 SPRINGFIELDS 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 SPRINGFIELDS CLOSE?

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