8, FAIRWATER DRIVE, SHEPPERTON, TW17 8EW - £403,000

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.

8 FAIRWATER DRIVE is a very small terraced house of 77m², built sometime from 2007 onwards, which could now be worth an estimated £483,611. It was last sold for £403,000 in October 2018, which was around 12% above the average October 2018 terraced price in the Spelthorne local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

8 FAIRWATER DRIVE Sold Prices

Land registry data shows three sales for 8 FAIRWATER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Spelthorne local authority area for the corresponding sale date. All of the three 8 FAIRWATER DRIVE 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
2018 23 OCT	£403,000	£361,075	12% above HPI
2013 4 JUL	£284,000	£254,425	12% above HPI
2009 26 JUN	£235,000	£202,288	16% above HPI

8 FAIRWATER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Spelthorne local authority area over time, sourced from the HPI. The three 8 FAIRWATER DRIVE sales between June 2009 and October 2018 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 July 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2018 sale, which was also at 12% above the HPI.

What might 8 FAIRWATER DRIVE be worth now?

8 FAIRWATER DRIVE might now be worth an estimated £483,611.

This is based on house price inflation of 20%, between October 2018 and June 2025, for terraced houses, in the Spelthorne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 8 FAIRWATER DRIVE of £403,000 on 23rd October 2018. For the value to have increased from £403,000 to £483,611 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 8 FAIRWATER DRIVE has moved in line with the HPI for terraced houses in the Spelthorne local authority area.
• The October 2018 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRWATER DRIVE has not materially changed since October 2018.

How Large is 8 FAIRWATER DRIVE?

8 FAIRWATER DRIVE is 77m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of terraced houses houses in Shepperton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shepperton, and where 8 FAIRWATER DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 8 FAIRWATER DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Shepperton.

8 FAIRWATER DRIVE: Plot and Title Map

8 FAIRWATER DRIVE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 8 FAIRWATER DRIVE, 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 8 FAIRWATER DRIVE). 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 8 FAIRWATER DRIVE?

8 FAIRWATER DRIVE is located in SHEPPERTON, in the TW17 postcode district. The below map shows the position of No. 8 on FAIRWATER DRIVE.