48, ELMSIDE, GUILDFORD, GU2 7SJ - £225,000

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

48 ELMSIDE is a very small detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £497,150. It was last sold for £225,000 in May 2003, which was around 46% below the average May 2003 detached price in the Guildford local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

48 ELMSIDE Sold Prices

Land registry data shows two sales for 48 ELMSIDE 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 48 ELMSIDE 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 2 MAY	£225,000	£417,472	46% below HPI
1996 29 FEB	£60,850	£163,489	63% below HPI

48 ELMSIDE 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 48 ELMSIDE sales from February 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 February 1996 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the May 2003 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 48 ELMSIDE be worth now?

48 ELMSIDE might now be worth an estimated £497,150.

This is based on house price inflation of 121%, between May 2003 and December 2024, 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 121% inflationary increase is applied to the most recent sale price for 48 ELMSIDE of £225,000 on 2nd May 2003. For the value to have increased from £225,000 to £497,150 over the twenty years and five months to December 2024, the following assumptions must hold true:

• The value of 48 ELMSIDE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The May 2003 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 48 ELMSIDE has not materially changed since May 2003.

How Large is 48 ELMSIDE?

48 ELMSIDE is 80m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guildford, and where 48 ELMSIDE lies on this distribution: 6% of detached houses houses are smaller than 48 ELMSIDE, and 93% of houses are larger. Note that EPC data is not available for all properties in Guildford.

48 ELMSIDE: Plot and Title Map

48 ELMSIDE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 48 ELMSIDE, 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 48 ELMSIDE). 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 48 ELMSIDE?

48 ELMSIDE is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 48 on ELMSIDE.