RIVER DREAM, CHERTSEY MEADS, CHERTSEY, KT16 8LN - £590,000

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.

RIVER DREAM is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £1,089,557. It was last sold for £590,000 in April 2011, which was around 17% above the average April 2011 detached price in the Runnymede local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

RIVER DREAM Sold Prices

Land registry data shows two sales for RIVER DREAM 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. One of the two RIVER DREAM sales was for above the average price, whilst the other was 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
2011 21 APR	£590,000	£505,474	17% above HPI
1997 24 FEB	£135,000	£171,771	21% below HPI

RIVER DREAM 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 RIVER DREAM sales from February 1997 and April 2011 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 February 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2011 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might RIVER DREAM be worth now?

RIVER DREAM might now be worth an estimated £1,089,557.

This is based on house price inflation of 84.7%, between April 2011 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 84.7% inflationary increase is applied to the most recent sale price for RIVER DREAM of £590,000 on 21st April 2011. For the value to have increased from £590,000 to £1,089,557 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of RIVER DREAM has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The April 2011 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of RIVER DREAM has not materially changed since April 2011.

How Large is RIVER DREAM?

RIVER DREAM is 108m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chertsey, and where RIVER DREAM lies on this distribution: 35% of detached houses houses are smaller than RIVER DREAM, and 65% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

RIVER DREAM: Plot and Title Map

RIVER DREAM sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of RIVER DREAM, 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 RIVER DREAM). 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 RIVER DREAM?

RIVER DREAM is located on CHERTSEY MEADS in CHERTSEY, in the KT16 postcode district. The below map shows the position of RIVER DREAM on CHERTSEY MEADS.