MITHIAN, HAM LANE, ELSTEAD, GODALMING, GU8 6HG - £354,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MITHIAN is a very small extended detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £717,491. It was last sold for £354,950 in September 2004, which was around 21% below the average September 2004 detached price in the Waverley local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

MITHIAN Sold Prices

Land registry data shows two sales for MITHIAN 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 MITHIAN 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
2004 29 SEP	£354,950	£449,894	21% below HPI
2002 20 JUN	£270,000	£370,939	27% below HPI

MITHIAN 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 MITHIAN sales from June 2002 and September 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 June 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2004 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might MITHIAN be worth now?

MITHIAN might now be worth an estimated £717,491.

This is based on house price inflation of 102.1%, between September 2004 and December 2024, 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 102.1% inflationary increase is applied to the most recent sale price for MITHIAN of £354,950 on 29th September 2004. For the value to have increased from £354,950 to £717,491 over the nineteen years and nine months to December 2024, the following assumptions must hold true:

• The value of MITHIAN has moved in line with the HPI for detached houses in the Waverley local authority area.
• The September 2004 sale price of £354,950 represented a fair market value for the property.
• The size, condition, and specification of MITHIAN has not materially changed since September 2004.

How Large is MITHIAN?

MITHIAN is 101m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elstead, and where MITHIAN lies on this distribution: 20% of detached houses houses are smaller than MITHIAN, and 80% of houses are larger. Note that EPC data is not available for all properties in Elstead.

MITHIAN: Plot and Title Map

MITHIAN sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of MITHIAN, 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 MITHIAN). 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 MITHIAN?

MITHIAN is located on HAM LANE in ELSTEAD, in the GU8 postcode district. The below map shows the position of MITHIAN on HAM LANE.