Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
18 LEAS ROAD is a midsized detached house of 128m², built sometime between 1900 and 1929. It was last sold for £747,500 in January 2023, which was around 18% below the average January 2023 detached price in the Guildford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 18 LEAS ROAD since 1st 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 18 LEAS ROAD 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 |
---|---|---|---|
2023 20 JAN | £747,500 | £910,982 | 18% below HPI |
2009 9 APR | £395,000 | £441,276 | 10% below HPI |
2004 30 JUL | £380,000 | £425,338 | 11% below HPI |
2001 20 NOV | £200,000 | £340,337 | 41% below HPI |
The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The four 18 LEAS ROAD sales between November 2001 and January 2023 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 April 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
18 LEAS ROAD is 128m² according to the EPC inspection conducted in July 2018. 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 18 LEAS ROAD lies on this distribution: 43% of detached houses are smaller than 18 LEAS ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Guildford.
18 LEAS ROAD sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 18 LEAS ROAD, 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 18 LEAS ROAD). 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.
18 LEAS ROAD is located in GUILDFORD, in the GU1 postcode district. The below map shows the position of No. 18 on LEAS ROAD.