MILLBANK, GUILDFORD ROAD, SHAMLEY GREEN, GUILDFORD, GU5 0RT - £387,500

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.

MILLBANK is a midsized extended detached house of 135m², built sometime between 1900 and 1929, which could now be worth an estimated £830,052. It was last sold for £387,500 in July 2004, which was around 10% below the average July 2004 detached price in the Waverley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

MILLBANK Sold Prices

Land registry data shows three sales for MILLBANK 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. Two of the three MILLBANK sales were for below the average price, whilst one was 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
2004 23 JUL	£387,500	£429,905	10% below HPI
2003 23 MAY	£350,000	£410,660	15% below HPI
1999 2 AUG	£269,950	£259,921	4% above HPI

MILLBANK 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 MILLBANK sales between August 1999 and July 2004 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 May 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2004 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might MILLBANK be worth now?

MILLBANK might now be worth an estimated £830,052.

This is based on house price inflation of 114.2%, between July 2004 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 114.2% inflationary increase is applied to the most recent sale price for MILLBANK of £387,500 on 23rd July 2004. For the value to have increased from £387,500 to £830,052 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of MILLBANK has moved in line with the HPI for detached houses in the Waverley local authority area.
• The July 2004 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of MILLBANK has not materially changed since July 2004.

How Large is MILLBANK?

MILLBANK is 135m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses houses in Shamley Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shamley Green, and where MILLBANK lies on this distribution: 41% of detached houses houses are smaller than MILLBANK, and 57% of houses are larger. Note that EPC data is not available for all properties in Shamley Green.

MILLBANK: Plot and Title Map

MILLBANK sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of MILLBANK, 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 MILLBANK). 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 MILLBANK?

MILLBANK is located on GUILDFORD ROAD in SHAMLEY GREEN, in the GU5 postcode district. The below map shows the position of MILLBANK on GUILDFORD ROAD.