Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 THE GABLES is a very small detached house of 93m², built sometime from 2007 onwards. It was last sold for £485,000 in April 2021, which was around 40% below the average April 2021 detached price in the Guildford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 THE GABLES since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the three 1 THE GABLES 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 |
---|---|---|---|
2021 9 APR | £485,000 | £802,205 | 40% below HPI |
2017 15 DEC | £474,000 | £756,742 | 37% below HPI |
2009 31 MAR | £308,000 | £447,833 | 31% below HPI |
The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The three 1 THE GABLES sales between March 2009 and April 2021 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 December 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
1 THE GABLES is 93m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 THE GABLES lies on this distribution: 16% of detached houses are smaller than 1 THE GABLES, and 83% of houses are larger. Note that EPC data is not available for all properties in Guildford.
1 THE GABLES sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 1 THE GABLES, 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 THE GABLES). 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.
1 THE GABLES is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 1 on THE GABLES.