SOUTHVIEW, WINDERMERE ROAD, LIGHTWATER, GU18 5TH - £500,000

SOUTHVIEW is a very small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £500,000 in October 2020, which was around 22% below the average October 2020 detached price in the Surrey Heath local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

SOUTHVIEW Sold Prices

Land registry data shows three sales for SOUTHVIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the three SOUTHVIEW 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
2020 12 OCT	£500,000	£643,607	22% below HPI
1999 18 OCT	£139,950	£237,892	41% below HPI
1998 5 JUN	£117,500	£196,975	40% below HPI

SOUTHVIEW 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 three SOUTHVIEW sales between June 1998 and October 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 October 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is SOUTHVIEW?

SOUTHVIEW is 99m², which includes three extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where SOUTHVIEW lies on this distribution: 13% of detached houses are smaller than SOUTHVIEW, and 86% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

SOUTHVIEW: Plot and Title Map

SOUTHVIEW sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of SOUTHVIEW, 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 SOUTHVIEW). 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 SOUTHVIEW?

SOUTHVIEW is located on WINDERMERE ROAD in LIGHTWATER, in the GU18 postcode district. The below map shows the position of SOUTHVIEW on WINDERMERE ROAD.