MICHAELMAS COTTAGE, MERROW STREET, GUILDFORD, GU4 7AN - £987,500

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

MICHAELMAS COTTAGE is a large extended detached house of 189m², built sometime before 1900. It was last sold for £987,500 in June 2021, which was around 21% above the average June 2021 detached price in the Guildford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

MICHAELMAS COTTAGE Sold Prices

Land registry data shows two sales for MICHAELMAS COTTAGE 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 MICHAELMAS COTTAGE sales were for above 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
2021 29 JUN	£987,500	£812,976	21% above HPI
2007 16 NOV	£580,000	£537,227	8% above HPI

MICHAELMAS COTTAGE 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 MICHAELMAS COTTAGE sales from November 2007 and June 2021 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 November 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is MICHAELMAS COTTAGE?

MICHAELMAS COTTAGE is 189m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where MICHAELMAS COTTAGE lies on this distribution: 77% of detached houses are smaller than MICHAELMAS COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Guildford.

MICHAELMAS COTTAGE: Plot and Title Map

MICHAELMAS COTTAGE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of MICHAELMAS COTTAGE, 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 MICHAELMAS COTTAGE). 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 MICHAELMAS COTTAGE?

MICHAELMAS COTTAGE is located on MERROW STREET in GUILDFORD, in the GU4 postcode district. The below map shows the position of MICHAELMAS COTTAGE on MERROW STREET.