HOPE SPRINGS, ONGAR ROAD, ADDLESTONE, KT15 1BW - £607,500

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.

HOPE SPRINGS is a very large detached house of 179m², built sometime between 1967 and 1975, which could now be worth an estimated £617,625. It was last sold for £607,500 in December 2022, which was around 34% below the average December 2022 detached price in the Runnymede local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

HOPE SPRINGS Sold Prices

Land registry data shows three sales for HOPE SPRINGS 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 HOPE SPRINGS 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
2022 8 DEC	£607,500	£918,160	34% below HPI
1999 25 JUN	£93,000	£237,294	61% below HPI
1995 19 JUL	£103,000	£152,694	33% below HPI

HOPE SPRINGS 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 HOPE SPRINGS sales between July 1995 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 June 1999 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might HOPE SPRINGS be worth now?

HOPE SPRINGS might now be worth an estimated £617,625.

This is based on house price inflation of 1.7%, between December 2022 and February 2025, for 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 1.7% inflationary increase is applied to the most recent sale price for HOPE SPRINGS of £607,500 on 8th December 2022. For the value to have increased from £607,500 to £617,625 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of HOPE SPRINGS has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The December 2022 sale price of £607,500 represented a fair market value for the property.
• The size, condition, and specification of HOPE SPRINGS has not materially changed since December 2022.

How Large is HOPE SPRINGS?

HOPE SPRINGS is 179m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Addlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Addlestone, and where HOPE SPRINGS lies on this distribution: 94% of detached houses houses are smaller than HOPE SPRINGS, and 6% of houses are larger. Note that EPC data is not available for all properties in Addlestone.

HOPE SPRINGS: Plot and Title Map

HOPE SPRINGS sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of HOPE SPRINGS, 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 HOPE SPRINGS). 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 HOPE SPRINGS?

HOPE SPRINGS is located on ONGAR ROAD in ADDLESTONE, in the KT15 postcode district. The below map shows the position of HOPE SPRINGS on ONGAR ROAD.