Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 POUND PLACE is a very small extended semi-detached house of 80m², built sometime before 1900. It was last sold for £490,000 in September 2015, which was around 31% below the average September 2015 detached price in the Guildford local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows four sales for 2 POUND PLACE 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 2 POUND PLACE 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 25 SEP | £490,000 | £714,393 | 31% below HPI |
2010 8 NOV | £346,000 | £533,562 | 35% below HPI |
2005 21 DEC | £279,950 | £427,953 | 35% below HPI |
1997 26 NOV | £145,000 | £209,317 | 31% 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 2 POUND PLACE sales between November 1997 and September 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 November 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
2 POUND PLACE is 80m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses in Shalford, based on EPC data. The below chart shows the distribution of detached houses by size in Shalford, and where 2 POUND PLACE lies on this distribution: 3% of detached houses are smaller than 2 POUND PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shalford.
2 POUND PLACE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 POUND PLACE, 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 POUND PLACE). 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.
2 POUND PLACE is located in SHALFORD, in the GU4 postcode district. The below map shows the position of No. 2 on POUND PLACE.