2, ORCHARD CLOSE, LIGHTWATER, GU18 5AG - £450,000

2 ORCHARD CLOSE is a small detached house of 119m², built in 2021. It was last sold for £450,000 in May 2022, which was around 38% below the average May 2022 detached price in the Surrey Heath local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

2 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 2 ORCHARD 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
2022 12 MAY	£450,000	£725,306	38% below HPI
2021 9 SEP	£425,000	£688,967	38% below HPI

2 ORCHARD 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 two 2 ORCHARD CLOSE sales from September 2021 and May 2022 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 September 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2022 sale, which was also at 38% below the HPI.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 119m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 2 ORCHARD CLOSE lies on this distribution: 31% of detached houses are smaller than 2 ORCHARD CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 2 ORCHARD 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 2 ORCHARD 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 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.