FAIRWAY, GUILDFORD ROAD, EFFINGHAM, LEATHERHEAD, KT24 5QB - £1,525,000

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.

FAIRWAY is a large extended detached house of 234m², built sometime between 1930 and 1949, which could now be worth an estimated £1,685,062. It was last sold for £1,525,000 in March 2021, which was around 80% above the average March 2021 detached price in the Guildford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY 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 FAIRWAY 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 5 MAR	£1,525,000	£849,002	80% above HPI
2003 25 APR	£780,000	£416,858	87% above HPI

FAIRWAY 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 FAIRWAY sales from April 2003 and March 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 April 2003 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the March 2021 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might FAIRWAY be worth now?

FAIRWAY might now be worth an estimated £1,685,062.

This is based on house price inflation of 10.5%, between March 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 10.5% inflationary increase is applied to the most recent sale price for FAIRWAY of £1,525,000 on 5th March 2021. For the value to have increased from £1,525,000 to £1,685,062 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of FAIRWAY has moved in line with the HPI for detached houses in the Guildford local authority area.
• The March 2021 sale price of £1,525,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAY has not materially changed since March 2021.

How Large is FAIRWAY?

FAIRWAY is 234m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% 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 FAIRWAY lies on this distribution: 79% of detached houses houses are smaller than FAIRWAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Effingham.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.604 of an acre, or 2,443m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on GUILDFORD ROAD in EFFINGHAM, in the KT24 postcode district. The below map shows the position of FAIRWAY on GUILDFORD ROAD.