BRIDGEWAY, MERROW COMMON ROAD, GUILDFORD, GU4 7BJ - £917,500

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

BRIDGEWAY is a very small extended detached house of 89m², built sometime before 1900. It was last sold for £917,500 in November 2022, which was about the average November 2022 detached price in the Guildford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

BRIDGEWAY Sold Prices

Land registry data shows two sales for BRIDGEWAY 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. One of the two BRIDGEWAY sales was roughly equal to the average price, whilst the other was 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
2022 7 NOV	£917,500	£920,655	Close to HPI
2018 12 JAN	£685,000	£765,601	11% below HPI

BRIDGEWAY 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 BRIDGEWAY sales from January 2018 and November 2022 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 January 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is BRIDGEWAY?

BRIDGEWAY is 89m², which includes two extensions, according to the EPC inspection conducted in July 2016. 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 BRIDGEWAY lies on this distribution: 13% of detached houses are smaller than BRIDGEWAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Guildford.

BRIDGEWAY: Plot and Title Map

BRIDGEWAY sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of BRIDGEWAY, 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 BRIDGEWAY). 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 BRIDGEWAY?

BRIDGEWAY is located on MERROW COMMON ROAD in GUILDFORD, in the GU4 postcode district. The below map shows the position of BRIDGEWAY on MERROW COMMON ROAD.