8, MERROW CHASE, GUILDFORD, GU1 2RY - £430,000

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

8 MERROW CHASE is a small detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £864,061. It was last sold for £430,000 in September 2005, which was around 6% below the average September 2005 detached price in the Guildford local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

8 MERROW CHASE Sold Prices

Land registry data shows two sales for 8 MERROW CHASE 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 8 MERROW CHASE 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
2005 6 SEP	£430,000	£459,046	6% below HPI
1997 24 OCT	£163,000	£211,831	23% below HPI

8 MERROW CHASE 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 8 MERROW CHASE sales from October 1997 and September 2005 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 October 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2005 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 MERROW CHASE be worth now?

8 MERROW CHASE might now be worth an estimated £864,061.

This is based on house price inflation of 100.9%, between September 2005 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 100.9% inflationary increase is applied to the most recent sale price for 8 MERROW CHASE of £430,000 on 6th September 2005. For the value to have increased from £430,000 to £864,061 over the eighteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 MERROW CHASE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The September 2005 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MERROW CHASE has not materially changed since September 2005.

How Large is 8 MERROW CHASE?

8 MERROW CHASE is 108m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% 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 8 MERROW CHASE lies on this distribution: 27% of detached houses houses are smaller than 8 MERROW CHASE, and 72% of houses are larger. Note that EPC data is not available for all properties in Guildford.

8 MERROW CHASE: Plot and Title Map

8 MERROW CHASE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 8 MERROW CHASE, 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 8 MERROW CHASE). 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 8 MERROW CHASE?

8 MERROW CHASE is located in GUILDFORD, in the GU1 postcode district. The below map shows the position of No. 8 on MERROW CHASE.