RED HOUSE, COACH ROAD, OTTERSHAW, CHERTSEY, KT16 0PA - £885,000

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

RED HOUSE is a very large extended detached house of 192m², built sometime between 1991 and 1995. It was last sold for £885,000 in June 2015, which was around 40% above the average June 2015 detached price in the Runnymede local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

RED HOUSE Sold Prices

Land registry data shows two sales for RED HOUSE 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 RED HOUSE 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
2015 5 JUN	£885,000	£632,484	40% above HPI
2007 31 JAN	£650,000	£461,181	41% above HPI

RED HOUSE 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 RED HOUSE sales from January 2007 and June 2015 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 January 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is RED HOUSE?

RED HOUSE is 192m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Ottershaw, based on EPC data. The below chart shows the distribution of detached houses by size in Ottershaw, and where RED HOUSE lies on this distribution: 88% of detached houses are smaller than RED HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Ottershaw.

RED HOUSE: Plot and Title Map

RED HOUSE sits on a plot of roughly 0.291 of an acre, or 1,179m². The below map shows the location of RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

RED HOUSE is located on COACH ROAD in OTTERSHAW, in the KT16 postcode district. The below map shows the position of RED HOUSE on COACH ROAD.