LOMBARD, MILFORD ROAD, ELSTEAD, GODALMING, GU8 6HS - £565,000

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

LOMBARD is a small extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £565,000 in November 2020, which was around 27% below the average November 2020 detached price in the Waverley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

LOMBARD Sold Prices

Land registry data shows two sales for LOMBARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two LOMBARD 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 27 NOV	£565,000	£775,278	27% below HPI
2005 30 JUN	£260,000	£419,293	38% below HPI

LOMBARD 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 two LOMBARD sales from June 2005 and November 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 June 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is LOMBARD?

LOMBARD is 102m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses by size in Elstead, and where LOMBARD lies on this distribution: 21% of detached houses are smaller than LOMBARD, and 78% of houses are larger. Note that EPC data is not available for all properties in Elstead.

LOMBARD: Plot and Title Map

LOMBARD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of LOMBARD, 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 LOMBARD). 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 LOMBARD?

LOMBARD is located on MILFORD ROAD in ELSTEAD, in the GU8 postcode district. The below map shows the position of LOMBARD on MILFORD ROAD.