14, MARINA CLOSE, CHERTSEY, KT16 8NZ - £420,000

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.

14 MARINA CLOSE is a very small terraced house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £513,083. It was last sold for £420,000 in July 2020, which was around 16% above the average July 2020 terraced price in the Runnymede local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

14 MARINA CLOSE Sold Prices

Land registry data shows five sales for 14 MARINA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Runnymede local authority area for the corresponding sale date. All of the five 14 MARINA CLOSE 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
2020 14 JUL	£420,000	£363,179	16% above HPI
2011 4 NOV	£249,999	£240,785	4% above HPI
2008 2 MAY	£249,000	£247,069	1% above HPI
2001 27 JUL	£164,000	£143,103	15% above HPI
1996 27 JUN	£86,000	£70,773	22% above HPI

14 MARINA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Runnymede local authority area over time, sourced from the HPI. The five 14 MARINA CLOSE sales between June 1996 and July 2020 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 November 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 14 MARINA CLOSE be worth now?

14 MARINA CLOSE might now be worth an estimated £513,083.

This is based on house price inflation of 22.2%, between July 2020 and October 2025, for terraced 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 22.2% inflationary increase is applied to the most recent sale price for 14 MARINA CLOSE of £420,000 on 14th July 2020. For the value to have increased from £420,000 to £513,083 over the four years and nine months to October 2025, the following assumptions must hold true:

• The value of 14 MARINA CLOSE has moved in line with the HPI for terraced houses in the Runnymede local authority area.
• The July 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MARINA CLOSE has not materially changed since July 2020.

How Large is 14 MARINA CLOSE?

14 MARINA CLOSE is 76m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of terraced houses houses in Chertsey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chertsey, and where 14 MARINA CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 14 MARINA CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

14 MARINA CLOSE: Plot and Title Map

14 MARINA CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 14 MARINA 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 14 MARINA 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 14 MARINA CLOSE?

14 MARINA CLOSE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 14 on MARINA CLOSE.