31, FAIRBORNE WAY, GUILDFORD, GU2 9GB - £260,000

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

31 FAIRBORNE WAY is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £260,000 in May 2003, which was around 35% below the average May 2003 detached price in the Guildford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

31 FAIRBORNE WAY Sold Prices

Land registry data shows two sales for 31 FAIRBORNE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. Both of the two 31 FAIRBORNE WAY 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
2003 1 MAY	£260,000	£397,906	35% below HPI
1996 31 DEC	£129,950	£166,044	22% below HPI

31 FAIRBORNE WAY 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 two 31 FAIRBORNE WAY sales from December 1996 and May 2003 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 December 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2003 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 31 FAIRBORNE WAY?

31 FAIRBORNE WAY is 86m² according to the EPC inspection conducted in September 2022. 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 31 FAIRBORNE WAY lies on this distribution: 10% of detached houses are smaller than 31 FAIRBORNE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Guildford.

31 FAIRBORNE WAY: Plot and Title Map

31 FAIRBORNE WAY sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 31 FAIRBORNE WAY, 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 31 FAIRBORNE WAY). 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 31 FAIRBORNE WAY?

31 FAIRBORNE WAY is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 31 on FAIRBORNE WAY.