THE STUDIO, MARESCHAL ROAD, GUILDFORD, GU2 4JF - £565,000

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

THE STUDIO is a very small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £565,000 in March 2014, which was around 8% below the average March 2014 detached price in the Guildford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

THE STUDIO Sold Prices

Land registry data shows three sales for THE STUDIO since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the three THE STUDIO 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
2014 10 MAR	£565,000	£614,681	8% below HPI
2008 7 FEB	£425,000	£533,568	20% below HPI
2006 31 MAR	£205,000	£438,432	53% below HPI

THE STUDIO 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 three THE STUDIO sales between March 2006 and March 2014 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 February 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE STUDIO?

THE STUDIO is 87m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where THE STUDIO lies on this distribution: 11% of detached houses are smaller than THE STUDIO, and 88% of houses are larger. Note that EPC data is not available for all properties in Guildford.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.041 of an acre, or 168m². The below map shows the location of THE STUDIO, 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 STUDIO). 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 STUDIO?

THE STUDIO is located on MARESCHAL ROAD in GUILDFORD, in the GU2 postcode district. The below map shows the position of THE STUDIO on MARESCHAL ROAD.