1, THE GROVE, GUILDFORD, GU1 3LZ - £795,000

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 THE GROVE is a midsized extended semi-detached house of 140m², built sometime before 1900. It was last sold for £795,000 in March 2022, which was around 9% below the average March 2022 detached price in the Guildford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

1 THE GROVE Sold Prices

Land registry data shows four sales for 1 THE GROVE 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 THE GROVE 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
2022 4 MAR	£795,000	£870,130	9% below HPI
2011 27 MAY	£450,000	£545,816	18% below HPI
1999 7 OCT	£230,000	£266,463	14% below HPI
1996 16 AUG	£145,000	£165,637	12% below HPI

1 THE GROVE 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 THE GROVE sales between August 1996 and March 2022 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 May 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 THE GROVE?

1 THE GROVE is 140m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% 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 GROVE lies on this distribution: 52% of detached houses are smaller than 1 THE GROVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Guildford.

1 THE GROVE: Plot and Title Map

1 THE GROVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 1 THE GROVE, 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 GROVE). 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 THE GROVE?

1 THE GROVE is located in GUILDFORD, in the GU1 postcode district. The below map shows the position of No. 1 on THE GROVE.