19, THE CLOSE, LIGHTWATER, GU18 5RH - £175,000

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.

19 THE CLOSE is a very small extended semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £325,284. It was last sold for £175,000 in February 2007, which was around 29% below the average February 2007 semi-detached price in the Surrey Heath local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

19 THE CLOSE Sold Prices

Land registry data shows two sales for 19 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 19 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
2007 8 FEB	£175,000	£246,279	29% below HPI
2004 8 APR	£170,000	£206,935	18% below HPI

19 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The two 19 THE CLOSE sales from April 2004 and February 2007 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 April 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2007 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 19 THE CLOSE be worth now?

19 THE CLOSE might now be worth an estimated £325,284.

This is based on house price inflation of 85.9%, between February 2007 and May 2026, for semi-detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.9% inflationary increase is applied to the most recent sale price for 19 THE CLOSE of £175,000 on 8th February 2007. For the value to have increased from £175,000 to £325,284 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 19 THE CLOSE has moved in line with the HPI for semi-detached houses in the Surrey Heath local authority area.
• The February 2007 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 19 THE CLOSE has not materially changed since February 2007.

How Large is 19 THE CLOSE?

19 THE CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Lightwater, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lightwater, and where 19 THE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 19 THE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

19 THE CLOSE: Plot and Title Map

19 THE CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 19 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 19 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 19 THE CLOSE?

19 THE CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 19 on THE CLOSE.