GRASMERE, MARKENFIELD ROAD, GUILDFORD, GU1 4PF - £443,000

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.

GRASMERE is a very small extended detached house of 95m², built sometime before 1900, which could now be worth an estimated £604,970. It was last sold for £443,000 in August 2014, which was around 36% below the average August 2014 detached price in the Guildford local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

GRASMERE Sold Prices

Land registry data shows three sales for GRASMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the three GRASMERE 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
2014 27 AUG	£443,000	£686,949	36% below HPI
2004 23 SEP	£285,000	£459,339	38% below HPI
1995 31 MAR	£75,000	£156,155	52% below HPI

GRASMERE 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 three GRASMERE sales between March 1995 and August 2014 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 September 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might GRASMERE be worth now?

GRASMERE might now be worth an estimated £604,970.

This is based on house price inflation of 36.6%, between August 2014 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 36.6% inflationary increase is applied to the most recent sale price for GRASMERE of £443,000 on 27th August 2014. For the value to have increased from £443,000 to £604,970 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of GRASMERE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The August 2014 sale price of £443,000 represented a fair market value for the property.
• The size, condition, and specification of GRASMERE has not materially changed since August 2014.

How Large is GRASMERE?

GRASMERE is 95m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guildford, and where GRASMERE lies on this distribution: 18% of detached houses houses are smaller than GRASMERE, and 82% of houses are larger. Note that EPC data is not available for all properties in Guildford.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on MARKENFIELD ROAD in GUILDFORD, in the GU1 postcode district. The below map shows the position of GRASMERE on MARKENFIELD ROAD.