348, LOWER ROAD, EFFINGHAM, LEATHERHEAD, KT24 5JR - £1,300,000

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.

348 LOWER ROAD is a large extended detached house of 189m², built sometime between 1930 and 1949, which could now be worth an estimated £1,398,646. It was last sold for £1,300,000 in September 2021, which was around 49% above the average September 2021 detached price in the Guildford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

348 LOWER ROAD Sold Prices

Land registry data shows three sales for 348 LOWER 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 348 LOWER ROAD sales were for above 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
2021 22 SEP	£1,300,000	£871,947	49% above HPI
2017 30 AUG	£1,000,000	£822,577	22% above HPI
2013 15 JAN	£790,000	£603,184	31% above HPI

348 LOWER 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 348 LOWER ROAD sales between January 2013 and September 2021 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 August 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2021 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 348 LOWER ROAD be worth now?

348 LOWER ROAD might now be worth an estimated £1,398,646.

This is based on house price inflation of 7.6%, between September 2021 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 7.6% inflationary increase is applied to the most recent sale price for 348 LOWER ROAD of £1,300,000 on 22nd September 2021. For the value to have increased from £1,300,000 to £1,398,646 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 348 LOWER ROAD has moved in line with the HPI for detached houses in the Guildford local authority area.
• The September 2021 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of 348 LOWER ROAD has not materially changed since September 2021.

How Large is 348 LOWER ROAD?

348 LOWER ROAD is 189m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses houses in Effingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Effingham, and where 348 LOWER ROAD lies on this distribution: 65% of detached houses houses are smaller than 348 LOWER ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Effingham.

348 LOWER ROAD: Plot and Title Map

348 LOWER ROAD sits on a plot of roughly 0.454 of an acre, or 1,837m². The below map shows the location of 348 LOWER 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 348 LOWER 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 348 LOWER ROAD?

348 LOWER ROAD is located in EFFINGHAM, in the KT24 postcode district. The below map shows the position of No. 348 on LOWER ROAD.