24, SPRINGHILL, ELSTEAD, GODALMING, GU8 6EL - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 SPRINGHILL is a very small extended detached house of 17m², built sometime between 1950 and 1966, which could now be worth an estimated £940,683. It was last sold for £500,000 in August 2009, which was around 3% above the average August 2009 detached price in the Waverley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

24 SPRINGHILL Sold Prices

Land registry data shows three sales for 24 SPRINGHILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. One of the three 24 SPRINGHILL sales was for above the average price, whilst two 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
2009 27 AUG	£500,000	£483,377	3% above HPI
2003 24 SEP	£280,000	£423,689	34% below HPI
1998 9 JUL	£170,000	£229,578	26% below HPI

24 SPRINGHILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three 24 SPRINGHILL sales between July 1998 and August 2009 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 September 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2009 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 24 SPRINGHILL be worth now?

24 SPRINGHILL might now be worth an estimated £940,683.

This is based on house price inflation of 88.1%, between August 2009 and December 2024, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88.1% inflationary increase is applied to the most recent sale price for 24 SPRINGHILL of £500,000 on 27th August 2009. For the value to have increased from £500,000 to £940,683 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 SPRINGHILL has moved in line with the HPI for detached houses in the Waverley local authority area.
• The August 2009 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRINGHILL has not materially changed since August 2009.

How Large is 24 SPRINGHILL?

24 SPRINGHILL is 17m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elstead, and where 24 SPRINGHILL lies on this distribution: Less than 1% of detached houses houses are smaller than 24 SPRINGHILL, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Elstead.

24 SPRINGHILL: Plot and Title Map

24 SPRINGHILL sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 24 SPRINGHILL, 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 24 SPRINGHILL). 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 24 SPRINGHILL?

24 SPRINGHILL is located in ELSTEAD, in the GU8 postcode district. The below map shows the position of No. 24 on SPRINGHILL.