NEWLANDS, MILFORD ROAD, ELSTEAD, GODALMING, GU8 6HZ - £950,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

NEWLANDS is a very large detached house of 179m², built sometime from 2007 onwards. It was last sold for £950,000 in January 2017, which was around 33% above the average January 2017 detached price in the Waverley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS 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 NEWLANDS 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
2017 20 JAN	£950,000	£714,266	33% above HPI
2011 10 JUN	£545,000	£530,593	3% above HPI

NEWLANDS 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 NEWLANDS sales from June 2011 and January 2017 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 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2017 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is NEWLANDS?

NEWLANDS is 179m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Elstead, based on EPC data. The below chart shows the distribution of detached houses by size in Elstead, and where NEWLANDS lies on this distribution: 81% of detached houses are smaller than NEWLANDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Elstead.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

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