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

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

MILLBANK is a small extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £387,500 in July 2004, which was around 5% 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	£407,881	5% below HPI
2003 23 MAY	£350,000	£389,622	10% below HPI
1999 2 AUG	£269,950	£246,605	9% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2004 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

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 40% of detached houses in Shamley Green, based on EPC data. The below chart shows the distribution of detached houses by size in Shamley Green, and where MILLBANK lies on this distribution: 40% of detached houses are smaller than MILLBANK, and 58% 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.