3, MORCOTE CLOSE, SHALFORD, GUILDFORD, GU4 8DN - £875,000

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.

3 MORCOTE CLOSE is a small extended detached house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £1,025,545. It was last sold for £875,000 in February 2017, which was around 9% above the average February 2017 detached price in the Guildford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

3 MORCOTE CLOSE Sold Prices

Land registry data shows three sales for 3 MORCOTE CLOSE 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. Two of the three 3 MORCOTE CLOSE sales were for above the average price, whilst one was 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
2017 17 FEB	£875,000	£800,402	9% above HPI
2014 5 SEP	£745,000	£686,408	9% above HPI
2005 22 APR	£435,000	£442,028	2% below HPI

3 MORCOTE CLOSE 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 3 MORCOTE CLOSE sales between April 2005 and February 2017 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 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2017 sale, which was also at 9% above the HPI.

What might 3 MORCOTE CLOSE be worth now?

3 MORCOTE CLOSE might now be worth an estimated £1,025,545.

This is based on house price inflation of 17.2%, between February 2017 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 17.2% inflationary increase is applied to the most recent sale price for 3 MORCOTE CLOSE of £875,000 on 17th February 2017. For the value to have increased from £875,000 to £1,025,545 over the eight years to February 2025, the following assumptions must hold true:

• The value of 3 MORCOTE CLOSE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The February 2017 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MORCOTE CLOSE has not materially changed since February 2017.

How Large is 3 MORCOTE CLOSE?

3 MORCOTE CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses houses in Shalford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shalford, and where 3 MORCOTE CLOSE lies on this distribution: 33% of detached houses houses are smaller than 3 MORCOTE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Shalford.

3 MORCOTE CLOSE: Plot and Title Map

3 MORCOTE CLOSE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 3 MORCOTE CLOSE, 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 3 MORCOTE CLOSE). 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 3 MORCOTE CLOSE?

3 MORCOTE CLOSE is located in SHALFORD, in the GU4 postcode district. The below map shows the position of No. 3 on MORCOTE CLOSE.