17, MICHAEL LANE, GUILDFORD, GU2 9LB - £620,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 MICHAEL LANE is a midsized extended detached house of 134m², built sometime between 2003 and 2006. It was last sold for £620,000 in November 2015, which was around 18% below the average November 2015 detached price in the Guildford local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

17 MICHAEL LANE Sold Prices

Land registry data shows two sales for 17 MICHAEL LANE 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 17 MICHAEL LANE 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
2015 12 NOV	£620,000	£756,830	18% below HPI
2007 24 SEP	£425,000	£570,951	26% below HPI

17 MICHAEL LANE 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 17 MICHAEL LANE sales from September 2007 and November 2015 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 September 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 17 MICHAEL LANE be worth now?

17 MICHAEL LANE might now be worth an estimated £755,658.

This is based on house price inflation of 21.9%, between November 2015 and December 2024, 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 21.9% inflationary increase is applied to the most recent sale price for 17 MICHAEL LANE of £620,000 on 12th November 2015. For the value to have increased from £620,000 to £755,658 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 17 MICHAEL LANE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The November 2015 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MICHAEL LANE has not materially changed since November 2015.

How Large is 17 MICHAEL LANE?

17 MICHAEL LANE is 134m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% of detached houses houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guildford, and where 17 MICHAEL LANE lies on this distribution: 48% of detached houses houses are smaller than 17 MICHAEL LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Guildford.

17 MICHAEL LANE: Plot and Title Map

17 MICHAEL LANE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 17 MICHAEL LANE, 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 17 MICHAEL LANE). 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 17 MICHAEL LANE?

17 MICHAEL LANE is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 17 on MICHAEL LANE.