THREE GREENS, MICHELET CLOSE, LIGHTWATER, GU18 5XT - £890,000

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

THREE GREENS is a very large extended detached house of 238m², built sometime between 1950 and 1966. It was last sold for £890,000 in March 2021, which was around 35% above the average March 2021 detached price in the Surrey Heath local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

THREE GREENS Sold Prices

Land registry data shows four sales for THREE GREENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Most of the four THREE GREENS 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
2021 5 MAR	£890,000	£660,901	35% above HPI
2018 19 JUL	£910,000	£638,547	43% above HPI
2009 27 MAY	£370,000	£362,625	2% above HPI
2002 19 JUN	£320,000	£325,369	2% below HPI

THREE GREENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The four THREE GREENS sales between June 2002 and March 2021 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 2018 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is THREE GREENS?

THREE GREENS is 238m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where THREE GREENS lies on this distribution: 96% of detached houses are smaller than THREE GREENS, and 4% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

THREE GREENS: Plot and Title Map

THREE GREENS sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of THREE GREENS, 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 THREE GREENS). 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 THREE GREENS?

THREE GREENS is located on MICHELET CLOSE in LIGHTWATER, in the GU18 postcode district. The below map shows the position of THREE GREENS on MICHELET CLOSE.