2, WELLS ROAD, GUILDFORD, GU4 7XQ - £570,000

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 WELLS ROAD is a midsized detached house of 135m², built sometime between 1983 and 1990. It was last sold for £570,000 in November 2014, which was around 13% below the average November 2014 detached price in the Guildford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 WELLS ROAD Sold Prices

Land registry data shows three sales for 2 WELLS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the three 2 WELLS 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
2014 14 NOV	£570,000	£652,362	13% below HPI
2002 22 OCT	£320,000	£391,023	18% below HPI
1996 20 JUN	£141,000	£160,543	12% below HPI

2 WELLS ROAD 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 three 2 WELLS ROAD sales between June 1996 and November 2014 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 October 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 WELLS ROAD?

2 WELLS ROAD is 135m² according to the EPC inspection conducted in April 2014. 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 2 WELLS ROAD lies on this distribution: 49% of detached houses are smaller than 2 WELLS ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Guildford.

2 WELLS ROAD: Plot and Title Map

2 WELLS ROAD sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 WELLS 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 2 WELLS 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.

Where is 2 WELLS ROAD?

2 WELLS ROAD is located in GUILDFORD, in the GU4 postcode district. The below map shows the position of No. 2 on WELLS ROAD.