12, MEAD WAY, GUILDFORD, GU4 7LG - £645,000

12 MEAD WAY is a small extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £645,000 in January 2020, which was around 18% below the average January 2020 detached price in the Guildford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

12 MEAD WAY Sold Prices

Land registry data shows four sales for 12 MEAD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the four 12 MEAD WAY 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
2020 10 JAN	£645,000	£786,833	18% below HPI
2014 8 MAY	£496,500	£624,701	21% below HPI
2010 16 DEC	£365,000	£529,774	31% below HPI
2004 6 SEP	£307,000	£437,811	30% below HPI

12 MEAD WAY 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 four 12 MEAD WAY sales between September 2004 and January 2020 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 MEAD WAY?

12 MEAD WAY is 121m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where 12 MEAD WAY lies on this distribution: 39% of detached houses are smaller than 12 MEAD WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Guildford.

12 MEAD WAY: Plot and Title Map

12 MEAD WAY sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 12 MEAD WAY, 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 12 MEAD WAY). 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 12 MEAD WAY?

12 MEAD WAY is located in GUILDFORD, in the GU4 postcode district. The below map shows the position of No. 12 on MEAD WAY.