FAIRWOOD, GUILDFORD ROAD, PIRBRIGHT, WOKING, GU24 0LW - £900,000

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.

FAIRWOOD is a small detached house of 144m², which could now be worth an estimated £1,056,158. It was last sold for £900,000 in May 2018, which was around 13% above the average May 2018 detached price in the Guildford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

FAIRWOOD Sold Prices

Land registry data shows two sales for FAIRWOOD 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 FAIRWOOD sales was for above 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
2018 23 MAY	£900,000	£799,408	13% above HPI
2016 1 JUL	£663,000	£779,105	15% below HPI

FAIRWOOD 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 FAIRWOOD sales from July 2016 and May 2018 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 July 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might FAIRWOOD be worth now?

FAIRWOOD might now be worth an estimated £1,056,158.

This is based on house price inflation of 17.4%, between May 2018 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 17.4% inflationary increase is applied to the most recent sale price for FAIRWOOD of £900,000 on 23rd May 2018. For the value to have increased from £900,000 to £1,056,158 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of FAIRWOOD has moved in line with the HPI for detached houses in the Guildford local authority area.
• The May 2018 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWOOD has not materially changed since May 2018.

How Large is FAIRWOOD?

FAIRWOOD is 144m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses houses in Pirbright, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pirbright, and where FAIRWOOD lies on this distribution: 30% of detached houses houses are smaller than FAIRWOOD, and 69% of houses are larger. Note that EPC data is not available for all properties in Pirbright.

FAIRWOOD: Plot and Title Map

FAIRWOOD sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of FAIRWOOD, 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 FAIRWOOD). 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 FAIRWOOD?

FAIRWOOD is located on GUILDFORD ROAD in PIRBRIGHT, in the GU24 postcode district. The below map shows the position of FAIRWOOD on GUILDFORD ROAD.