CHERRY BANK, SHALFORD ROAD, GUILDFORD, GU1 3XL - £475,000

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

CHERRY BANK is a midsized extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £475,000 in December 2011, which was around 13% below the average December 2011 detached price in the Guildford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

CHERRY BANK Sold Prices

Land registry data shows two sales for CHERRY BANK 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 CHERRY BANK 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
2011 16 DEC	£475,000	£543,288	13% below HPI
1996 29 MAR	£100,000	£155,752	36% below HPI

CHERRY BANK 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 CHERRY BANK sales from March 1996 and December 2011 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 March 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CHERRY BANK?

CHERRY BANK is 132m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where CHERRY BANK lies on this distribution: 47% of detached houses are smaller than CHERRY BANK, and 53% of houses are larger. Note that EPC data is not available for all properties in Guildford.

CHERRY BANK: Plot and Title Map

CHERRY BANK sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of CHERRY BANK, 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 CHERRY BANK). 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 CHERRY BANK?

CHERRY BANK is located on SHALFORD ROAD in GUILDFORD, in the GU1 postcode district. The below map shows the position of CHERRY BANK on SHALFORD ROAD.