THE FIRS, NETLEY CLOSE, GOMSHALL, GUILDFORD, GU5 9ND - £625,000

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

THE FIRS is a small extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £739,524. It was last sold for £625,000 in March 2016, which was around 21% below the average March 2016 detached price in the Guildford local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. Both of the two THE FIRS 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
2016 31 MAR	£625,000	£792,834	21% below HPI
2012 18 MAY	£435,000	£577,090	25% below HPI

THE FIRS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The two THE FIRS sales from May 2012 and March 2016 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £739,524.

This is based on house price inflation of 18.3%, between March 2016 and February 2025, for detached houses, in the Guildford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.3% inflationary increase is applied to the most recent sale price for THE FIRS of £625,000 on 31st March 2016. For the value to have increased from £625,000 to £739,524 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Guildford local authority area.
• The March 2016 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since March 2016.

How Large is THE FIRS?

THE FIRS is 118m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses houses in Gomshall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gomshall, and where THE FIRS lies on this distribution: 25% of detached houses houses are smaller than THE FIRS, and 75% of houses are larger. Note that EPC data is not available for all properties in Gomshall.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on NETLEY CLOSE in GOMSHALL, in the GU5 postcode district. The below map shows the position of THE FIRS on NETLEY CLOSE.