1, THE WHEELWRIGHTS, GUILDFORD ROAD, NORMANDY, GUILDFORD, GU3 2AR - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE WHEELWRIGHTS is a midsized extended detached house of 148m², built sometime from 2012 onwards, which could now be worth an estimated £695,928. It was last sold for £625,000 in May 2020, which was around 26% below the average May 2020 detached price in the Guildford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

1 THE WHEELWRIGHTS Sold Prices

Land registry data shows two sales for 1 THE WHEELWRIGHTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. Both of the two 1 THE WHEELWRIGHTS 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 29 MAY	£625,000	£842,501	26% below HPI
2012 20 AUG	£500,000	£601,469	17% below HPI

1 THE WHEELWRIGHTS 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 two 1 THE WHEELWRIGHTS sales from August 2012 and May 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 August 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 THE WHEELWRIGHTS be worth now?

1 THE WHEELWRIGHTS might now be worth an estimated £695,928.

This is based on house price inflation of 11.3%, between May 2020 and February 2025, for detached houses, in the Guildford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 1 THE WHEELWRIGHTS of £625,000 on 29th May 2020. For the value to have increased from £625,000 to £695,928 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 1 THE WHEELWRIGHTS has moved in line with the HPI for detached houses in the Guildford local authority area.
• The May 2020 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE WHEELWRIGHTS has not materially changed since May 2020.

How Large is 1 THE WHEELWRIGHTS?

1 THE WHEELWRIGHTS is 148m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses houses in Normandy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Normandy, and where 1 THE WHEELWRIGHTS lies on this distribution: 50% of detached houses houses are smaller than 1 THE WHEELWRIGHTS, and 50% of houses are larger. Note that EPC data is not available for all properties in Normandy.

1 THE WHEELWRIGHTS: Plot and Title Map

1 THE WHEELWRIGHTS sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 1 THE WHEELWRIGHTS, 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 WHEELWRIGHTS). 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 WHEELWRIGHTS?

1 THE WHEELWRIGHTS is located on GUILDFORD ROAD in NORMANDY, in the GU3 postcode district. The below map shows the position of 1 THE WHEELWRIGHTS on GUILDFORD ROAD.