3, PANNELLS CLOSE, CHERTSEY, KT16 9LH - £621,000

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.

3 PANNELLS CLOSE is a small extended detached house of 105m², built sometime between 1991 and 1995, which could now be worth an estimated £601,658. It was last sold for £621,000 in December 2022, which was around 32% below the average December 2022 detached price in the Runnymede local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 PANNELLS CLOSE Sold Prices

Land registry data shows five sales for 3 PANNELLS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Runnymede local authority area for the corresponding sale date. The five 3 PANNELLS CLOSE sales were a mix of below the average price, and roughly equal to 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 9 DEC	£621,000	£918,160	32% below HPI
2005 30 SEP	£318,000	£416,888	24% below HPI
2000 27 OCT	£249,950	£309,718	19% below HPI
1996 31 MAY	£148,000	£155,228	5% below HPI
1995 31 JUL	£152,500	£152,694	Close to HPI

3 PANNELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Runnymede local authority area over time, sourced from the HPI. The five 3 PANNELLS CLOSE sales between July 1995 and December 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 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 PANNELLS CLOSE be worth now?

3 PANNELLS CLOSE might now be worth an estimated £601,658.

This is based on house price deflation of 3.1%, between December 2022 and June 2025, for detached 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 3.1% deflationary decrease is applied to the most recent sale price for 3 PANNELLS CLOSE of £621,000 on 9th December 2022. For the value to have decreased from £621,000 to £601,658 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 3 PANNELLS CLOSE has moved in line with the HPI for detached houses in the Runnymede local authority area.
• The December 2022 sale price of £621,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PANNELLS CLOSE has not materially changed since December 2022.

How Large is 3 PANNELLS CLOSE?

3 PANNELLS CLOSE is 105m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses houses in Chertsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chertsey, and where 3 PANNELLS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 3 PANNELLS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

3 PANNELLS CLOSE: Plot and Title Map

3 PANNELLS CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 PANNELLS 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 3 PANNELLS 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 3 PANNELLS CLOSE?

3 PANNELLS CLOSE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 3 on PANNELLS CLOSE.