45, SPRINGFIELDS CLOSE, CHERTSEY, KT16 8JT - £345,000

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.

45 SPRINGFIELDS CLOSE is a very small terraced house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £405,689. It was last sold for £345,000 in September 2020, which was around 4% below the average September 2020 terraced price in the Runnymede local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was A.

45 SPRINGFIELDS CLOSE Sold Prices

Land registry data shows four sales for 45 SPRINGFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Runnymede local authority area for the corresponding sale date. two of the four 45 SPRINGFIELDS CLOSE sales were for below the average price, and four 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 28 SEP	£345,000	£360,778	4% below HPI
2010 12 FEB	£222,000	£235,347	6% below HPI
2003 26 JUN	£185,000	£183,832	1% above HPI
2000 1 FEB	£127,000	£116,046	9% above HPI

45 SPRINGFIELDS 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 four 45 SPRINGFIELDS CLOSE sales between February 2000 and September 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 February 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 45 SPRINGFIELDS CLOSE be worth now?

45 SPRINGFIELDS CLOSE might now be worth an estimated £405,689.

This is based on house price inflation of 17.6%, between September 2020 and June 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 17.6% inflationary increase is applied to the most recent sale price for 45 SPRINGFIELDS CLOSE of £345,000 on 28th September 2020. For the value to have increased from £345,000 to £405,689 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 45 SPRINGFIELDS CLOSE has moved in line with the HPI for terraced houses in the Runnymede local authority area.
• The September 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 45 SPRINGFIELDS CLOSE has not materially changed since September 2020.

How Large is 45 SPRINGFIELDS CLOSE?

45 SPRINGFIELDS CLOSE is 59m² according to the EPC inspection conducted in July 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 45 SPRINGFIELDS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 45 SPRINGFIELDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

45 SPRINGFIELDS CLOSE: Plot and Title Map

45 SPRINGFIELDS CLOSE sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 45 SPRINGFIELDS 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 45 SPRINGFIELDS 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 45 SPRINGFIELDS CLOSE?

45 SPRINGFIELDS CLOSE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 45 on SPRINGFIELDS CLOSE.