2, POUND PLACE, SHALFORD, GUILDFORD, GU4 8HH - £490,000

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

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.

2 POUND PLACE Sold Prices

Land registry data shows four sales for 2 POUND PLACE since 1^st 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

2 POUND PLACE 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 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.

How Large is 2 POUND PLACE?

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: Plot and Title Map

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.

Where is 2 POUND PLACE?

2 POUND PLACE is located in SHALFORD, in the GU4 postcode district. The below map shows the position of No. 2 on POUND PLACE.