3, OLD PALACE ROAD, GUILDFORD, GU2 7TU - £560,000

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

3 OLD PALACE ROAD is a very small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £560,000 in January 2017, which was around 28% below the average January 2017 detached price in the Guildford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

3 OLD PALACE ROAD Sold Prices

Land registry data shows three sales for 3 OLD PALACE 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 3 OLD PALACE 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
2017 20 JAN	£560,000	£780,737	28% below HPI
2003 25 APR	£250,000	£397,321	37% below HPI
1996 8 NOV	£127,950	£167,141	23% below HPI

3 OLD PALACE 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 3 OLD PALACE ROAD sales between November 1996 and January 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 April 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 OLD PALACE ROAD?

3 OLD PALACE ROAD is 94m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where 3 OLD PALACE ROAD lies on this distribution: 17% of detached houses are smaller than 3 OLD PALACE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Guildford.

3 OLD PALACE ROAD: Plot and Title Map

3 OLD PALACE ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 3 OLD PALACE 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 3 OLD PALACE 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 3 OLD PALACE ROAD?

3 OLD PALACE ROAD is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 3 on OLD PALACE ROAD.