1, FAIRBORNE WAY, GUILDFORD, GU2 9GB - £462,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FAIRBORNE WAY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £462,500 in March 2024, which was around 47% below the average March 2024 detached price in the Guildford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 FAIRBORNE WAY Sold Prices

Land registry data shows four sales for 1 FAIRBORNE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the four 1 FAIRBORNE WAY 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
2024 28 MAR	£462,500	£869,084	47% below HPI
2010 24 AUG	£282,000	£547,046	48% below HPI
1997 4 DEC	£138,000	£209,252	34% below HPI
1995 5 DEC	£102,500	£157,936	35% below HPI

1 FAIRBORNE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The four 1 FAIRBORNE WAY sales between December 1995 and March 2024 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 August 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 1 FAIRBORNE WAY?

1 FAIRBORNE WAY is 79m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where 1 FAIRBORNE WAY lies on this distribution: 6% of detached houses are smaller than 1 FAIRBORNE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Guildford.

1 FAIRBORNE WAY: Plot and Title Map

1 FAIRBORNE WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 1 FAIRBORNE WAY, 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 1 FAIRBORNE WAY). 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 1 FAIRBORNE WAY?

1 FAIRBORNE WAY is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 1 on FAIRBORNE WAY.