14, THE CLOSE, LIGHTWATER, GU18 5RH - £372,500

14 THE CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £372,500 in October 2020, which was around 42% below the average October 2020 detached price in the Surrey Heath local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

14 THE CLOSE Sold Prices

Land registry data shows four sales for 14 THE CLOSE 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. All of the four 14 THE CLOSE 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
2020 14 OCT	£372,500	£643,607	42% below HPI
2015 6 OCT	£315,000	£603,837	48% below HPI
2010 10 SEP	£267,000	£451,059	41% below HPI
2009 4 DEC	£188,000	£418,861	55% below HPI

14 THE CLOSE 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 14 THE CLOSE sales between December 2009 and October 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 October 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2020 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 14 THE CLOSE?

14 THE CLOSE is 65m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 14 THE CLOSE lies on this distribution: 2% of detached houses are smaller than 14 THE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

14 THE CLOSE: Plot and Title Map

14 THE CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 14 THE 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 THE 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 THE CLOSE?

14 THE CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 14 on THE CLOSE.