# 3 bedroom detached house for sale (GU18 5RL) ## Property Details | Key | Value | |-----|-------| | Address | 196 GUILDFORD ROAD, LIGHTWATER, SURREY GU18 5RL | | Price | £465,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Construction age | England and Wales: 1930-1949 | | Floor area | 92 m² | | Last sold | £450,000 Apr 2021 | ## EPC Rating & Upgrade Cost - **Current rating:** E - **Potential rating:** B - **Expiry date:** 22/05/2024 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £1,032/year - **Est. upgrade cost to C:** £26,560 ### Recommendations - Q (£4,000 - £14,000) - W (£800 - £1,200) - E (£60) - N (£4,000 - £6,000) - U (£9,000 - £14,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0647-2867-6359-9324-6365) ## Description **Property Description** Three bedroom detached character cottage boasting ample parking, rear garden and quality home office with independent access **Property Details** A most charming detached cottage, located in the sought-after Surrey village of Lightwater boasting, amongst its many features, a large rear garden and good off road parking. . ## Property Photos - ![External](/listings/photos/92868758/324308) - External - ![Kitchen](/listings/photos/92868758/324311) - Kitchen - ![Kitchen/Dining Area](/listings/photos/92868758/324314) - Kitchen/Dining Area - ![Reception Room](/listings/photos/92868758/324316) - Reception Room - ![Dining Room](/listings/photos/92868758/324318) - Dining Room - ![Bedroom](/listings/photos/92868758/324326) - Bedroom - ![Bedroom](/listings/photos/92868758/324328) - Bedroom - ![Bedroom](/listings/photos/92868758/324330) - Bedroom - ![Bathroom](/listings/photos/92868758/324332) - Bathroom - ![Garden](/listings/photos/92868758/324334) - Garden - ![Garden](/listings/photos/92868758/324336) - Garden - ![Garden](/listings/photos/92868758/324338) - Garden - ![Studio](/listings/photos/92868758/324340) - Studio ## Floorplans - ![Floor Plan](/listings/photos/92868758/324341) - Floor Plan ## EPC Graphs - ![EPC](/listings/photos/92868758/324343) - EPC ## FENSA Certificates This property has 2 FENSA certificate(s) on record. ### FENSA Certificate #5277453 - **Address:** 196 Guildford Road, LIGHTWATER, GU18 5RL - **Certificate Issued:** 03/12/2007 - **Work Completed:** 12/11/2007 - **Items:** 2 window(s) ### FENSA Certificate #13205296 - **Address:** 196 Guildford Road, LIGHTWATER, GU18 5RL - **Certificate Issued:** 29/10/2018 - **Work Completed:** 13/09/2018 - **Items:** 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 196 GUILDFORD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5RL | £450,000 | 15/04/2021 | Detached | | 196 GUILDFORD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5RL | £435,000 | 14/12/2017 | Detached | | 196 GUILDFORD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5RL | £420,000 | 28/04/2017 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 36 MOUNT PLEASANT CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TP | £590,000 | 28/03/2025 | Detached | | 11 BIRCH TREE VIEW, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TZ | £685,000 | 10/01/2025 | Detached | | HILLCREST THE RIDGEWAY, LIGHTWATER, SURREY HEATH, SURREY, GU18 5XS | £860,000 | 04/08/2023 | Detached | | 6 MOUNT PLEASANT CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TP | £940,000 | 15/06/2023 | Detached | | 9 MACDONALD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TN | £450,000 | 18/05/2023 | Detached | | OLD OAK BARN THE RIDGEWAY, LIGHTWATER, SURREY HEATH, SURREY, GU18 5XS | £1,100,000 | 28/10/2022 | Detached | | 44 GRASMERE ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TJ | £745,000 | 18/10/2022 | Detached | | 42 MOUNT PLEASANT CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TR | £600,000 | 18/10/2022 | Detached | | 38 MOUNT PLEASANT CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TP | £640,000 | 17/10/2022 | Detached | | 28 MOUNT PLEASANT CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TP | £565,000 | 07/10/2022 | Detached | | 64 MOUNT PLEASANT CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TR | £735,000 | 13/07/2022 | Detached | | 35 MOUNT PLEASANT CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TR | £585,000 | 01/04/2022 | Detached | | 134 GUILDFORD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5RW | £635,000 | 14/02/2022 | Detached | | 202 GUILDFORD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5RL | £775,000 | 31/01/2022 | Detached | | MICHELET THE RIDGEWAY, LIGHTWATER, SURREY HEATH, SURREY, GU18 5XS | £735,000 | 05/11/2021 | Detached | | 34A MACDONALD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TN | £840,000 | 26/10/2021 | Detached | | 34C MACDONALD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5TN | £690,000 | 20/09/2021 | Detached | | 17 TURNVILLE CLOSE, LIGHTWATER, SURREY HEATH, SURREY, GU18 5UA | £525,000 | 08/09/2021 | Detached | | 182 GUILDFORD ROAD, LIGHTWATER, SURREY HEATH, SURREY, GU18 5RL | £700,000 | 02/09/2021 | Detached | | 2 SOUTH FARM LANE, BAGSHOT, SURREY HEATH, SURREY, GU19 5NT | £725,000 | 28/06/2021 | Detached | **Area average:** £706,000 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £792,042 (12 Detached, GU18, 2024–2026) - **Deviation:** -41.3% ## Rental Range *ONS Price Index of Private Rents (Surrey Heath). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,348/mo - **Realistic:** £1,498/mo - **Optimistic:** £1,648/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Blackwater Valley (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,291/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Detached House, Keswick Drive, GU18 | £1,900/mo | 3 | 0.51 miles | OpenRent | | 3 Bed Semi-Detached House, Thorndown Lane, GU20 | £1,800/mo | 3 | 0.98 miles | OpenRent | **Average rent: £1,850/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.4% (weak for cashflow) - **Max investor price (0.8%):** £231,250 - **Target investor price (1%):** £185,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,850/mo).* - **Gross yield:** 4.8% - **Cost-to-rent:** 20.9× - **Monthly cashflow:** £-191/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.7% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £5,054/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 17.1% - **10y growth:** 22% ## House Price Index (HM Land Registry) *Official index for Surrey Heath; Detached series; as of March 2026.* - **1y growth (index):** 2.1% - **5y growth (index):** 11.2% - **10y growth (index):** 18.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)