THE ELMS, PORTSMOUTH ROAD, MILFORD, GODALMING, GU8 5DU - £1,220,000

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.

THE ELMS is a very large extended detached house of 222m², built sometime between 1900 and 1929, which could now be worth an estimated £1,185,515. It was last sold for £1,220,000 in August 2022, which was around 29% above the average August 2022 detached price in the Waverley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows four sales for THE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. two of the four THE ELMS sales were for above the average price, and four 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
2022 24 AUG	£1,220,000	£947,673	29% above HPI
2007 20 JUN	£529,000	£532,973	1% below HPI
2006 22 SEP	£475,000	£488,370	3% below HPI
1998 12 JUN	£241,500	£218,961	10% above HPI

THE ELMS 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 four THE ELMS sales between June 1998 and August 2022 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might THE ELMS be worth now?

THE ELMS might now be worth an estimated £1,185,515.

This is based on house price deflation of 2.8%, between August 2022 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 2.8% deflationary decrease is applied to the most recent sale price for THE ELMS of £1,220,000 on 24th August 2022. For the value to have decreased from £1,220,000 to £1,185,515 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of THE ELMS has moved in line with the HPI for detached houses in the Waverley local authority area.
• The August 2022 sale price of £1,220,000 represented a fair market value for the property.
• The size, condition, and specification of THE ELMS has not materially changed since August 2022.

How Large is THE ELMS?

THE ELMS is 222m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses houses in Milford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milford, and where THE ELMS lies on this distribution: 96% of detached houses houses are smaller than THE ELMS, and 4% of houses are larger. Note that EPC data is not available for all properties in Milford.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on PORTSMOUTH ROAD in MILFORD, in the GU8 postcode district. The below map shows the position of THE ELMS on PORTSMOUTH ROAD.