5, SPRINGFIELDS CLOSE, CHERTSEY, KT16 8JT - £311,000

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.

5 SPRINGFIELDS CLOSE is a very small terraced house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £438,372. It was last sold for £311,000 in November 2014, which was around 3% above the average November 2014 terraced price in the Runnymede local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

5 SPRINGFIELDS CLOSE Sold Prices

Land registry data shows two sales for 5 SPRINGFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Runnymede local authority area for the corresponding sale date. Both of the two 5 SPRINGFIELDS CLOSE sales 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
2014 7 NOV	£311,000	£300,976	3% above HPI
1996 15 NOV	£86,950	£74,377	17% above HPI

5 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 two 5 SPRINGFIELDS CLOSE sales from November 1996 and November 2014 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 November 1996 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 5 SPRINGFIELDS CLOSE be worth now?

5 SPRINGFIELDS CLOSE might now be worth an estimated £438,372.

This is based on house price inflation of 41%, between November 2014 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 41% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELDS CLOSE of £311,000 on 7th November 2014. For the value to have increased from £311,000 to £438,372 over the eleven years and five months to June 2025, the following assumptions must hold true:

• The value of 5 SPRINGFIELDS CLOSE has moved in line with the HPI for terraced houses in the Runnymede local authority area.
• The November 2014 sale price of £311,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELDS CLOSE has not materially changed since November 2014.

How Large is 5 SPRINGFIELDS CLOSE?

5 SPRINGFIELDS CLOSE is 59m² according to the EPC inspection conducted in October 2008. 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 5 SPRINGFIELDS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 SPRINGFIELDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chertsey.

5 SPRINGFIELDS CLOSE: Plot and Title Map

5 SPRINGFIELDS CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 5 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 5 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 5 SPRINGFIELDS CLOSE?

5 SPRINGFIELDS CLOSE is located in CHERTSEY, in the KT16 postcode district. The below map shows the position of No. 5 on SPRINGFIELDS CLOSE.