FERNLEA, HURST FARM CLOSE, MILFORD, GODALMING, GU8 5ER - £667,500

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.

FERNLEA is a large detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £656,290. It was last sold for £667,500 in September 2023, which was around 29% below the average September 2023 detached price in the Waverley local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

FERNLEA Sold Prices

Land registry data shows three sales for FERNLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three FERNLEA 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
2023 28 SEP	£667,500	£936,616	29% below HPI
2019 11 JUN	£520,000	£775,878	33% below HPI
2010 30 SEP	£370,000	£556,931	34% below HPI

FERNLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three FERNLEA sales between September 2010 and September 2023 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 June 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might FERNLEA be worth now?

FERNLEA might now be worth an estimated £656,290.

This is based on house price deflation of 1.7%, between September 2023 and February 2025, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% deflationary decrease is applied to the most recent sale price for FERNLEA of £667,500 on 28th September 2023. For the value to have decreased from £667,500 to £656,290 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of FERNLEA has moved in line with the HPI for detached houses in the Waverley local authority area.
• The September 2023 sale price of £667,500 represented a fair market value for the property.
• The size, condition, and specification of FERNLEA has not materially changed since September 2023.

How Large is FERNLEA?

FERNLEA is 137m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses houses in Milford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milford, and where FERNLEA lies on this distribution: 71% of detached houses houses are smaller than FERNLEA, and 28% of houses are larger. Note that EPC data is not available for all properties in Milford.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

FERNLEA is located on HURST FARM CLOSE in MILFORD, in the GU8 postcode district. The below map shows the position of FERNLEA on HURST FARM CLOSE.