HOMELEA, BEECH LANE, NORMANDY, GUILDFORD, GU3 2JH - £640,000

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

HOMELEA is a very large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £640,000 in August 2020, which was around 18% below the average August 2020 detached price in the Guildford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

HOMELEA Sold Prices

Land registry data shows two sales for HOMELEA 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 HOMELEA 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
2020 24 AUG	£640,000	£781,693	18% below HPI
2006 13 APR	£400,000	£441,692	9% below HPI

HOMELEA 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 HOMELEA sales from April 2006 and August 2020 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is HOMELEA?

HOMELEA is 175m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses in Flexford, based on EPC data. The below chart shows the distribution of detached houses by size in Flexford, and where HOMELEA lies on this distribution: 92% of detached houses are smaller than HOMELEA, and 8% of houses are larger. Note that EPC data is not available for all properties in Flexford.

HOMELEA: Plot and Title Map

HOMELEA sits on a plot of roughly 0.260 of an acre, or 1,054m². The below map shows the location of HOMELEA, 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 HOMELEA). 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 HOMELEA?

HOMELEA is located on BEECH LANE in NORMANDY, in the GU3 postcode district. The below map shows the position of HOMELEA on BEECH LANE.