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

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

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 14% 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	£721,358	14% below HPI
2007 24 SEP	£425,000	£544,192	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where 17 MICHAEL LANE lies on this distribution: 48% of detached 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.