2, NEW INN LANE, GUILDFORD, GU4 7HW - £615,000

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.

2 NEW INN LANE is a large extended detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £1,003,646. It was last sold for £615,000 in August 2011, which was around 7% above the average August 2011 detached price in the Guildford local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

2 NEW INN LANE Sold Prices

Land registry data shows two sales for 2 NEW INN 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 2 NEW INN LANE sales were for above 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
2011 25 AUG	£615,000	£574,843	7% above HPI
2003 4 JUL	£595,000	£428,895	39% above HPI

2 NEW INN 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 2 NEW INN LANE sales from July 2003 and August 2011 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 July 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2011 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 NEW INN LANE be worth now?

2 NEW INN LANE might now be worth an estimated £1,003,646.

This is based on house price inflation of 63.2%, between August 2011 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 63.2% inflationary increase is applied to the most recent sale price for 2 NEW INN LANE of £615,000 on 25th August 2011. For the value to have increased from £615,000 to £1,003,646 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 NEW INN LANE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The August 2011 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW INN LANE has not materially changed since August 2011.

How Large is 2 NEW INN LANE?

2 NEW INN LANE is 152m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 40% 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 2 NEW INN LANE lies on this distribution: 61% of detached houses houses are smaller than 2 NEW INN LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Guildford.

2 NEW INN LANE: Plot and Title Map

2 NEW INN LANE sits on a plot of roughly 0.232 of an acre, or 937m². The below map shows the location of 2 NEW INN 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 2 NEW INN 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 2 NEW INN LANE?

2 NEW INN LANE is located in GUILDFORD, in the GU4 postcode district. The below map shows the position of No. 2 on NEW INN LANE.