16, LEATHER LANE, GOMSHALL, GUILDFORD, GU5 9NB - £244,000

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.

16 LEATHER LANE is a very small terraced house of 47m², built sometime between 1996 and 2002, which could now be worth an estimated £392,069. It was last sold for £244,000 in August 2012, which was around 10% below the average August 2012 terraced price in the Guildford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

16 LEATHER LANE Sold Prices

Land registry data shows four sales for 16 LEATHER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Guildford local authority area for the corresponding sale date. Most of the four 16 LEATHER LANE 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
2012 29 AUG	£244,000	£270,423	10% below HPI
2005 22 DEC	£215,000	£206,998	4% above HPI
2002 20 FEB	£177,500	£151,737	17% above HPI
2000 16 NOV	£155,000	£133,602	16% above HPI

16 LEATHER LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Guildford local authority area over time, sourced from the HPI. The four 16 LEATHER LANE sales between November 2000 and August 2012 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 December 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 16 LEATHER LANE be worth now?

16 LEATHER LANE might now be worth an estimated £392,069.

This is based on house price inflation of 60.7%, between August 2012 and July 2025, for terraced 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 60.7% inflationary increase is applied to the most recent sale price for 16 LEATHER LANE of £244,000 on 29th August 2012. For the value to have increased from £244,000 to £392,069 over the thirteen years and one month to July 2025, the following assumptions must hold true:

• The value of 16 LEATHER LANE has moved in line with the HPI for terraced houses in the Guildford local authority area.
• The August 2012 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LEATHER LANE has not materially changed since August 2012.

How Large is 16 LEATHER LANE?

16 LEATHER LANE is 47m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of terraced houses houses in Gomshall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gomshall, and where 16 LEATHER LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 16 LEATHER LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gomshall.

16 LEATHER LANE: Plot and Title Map

16 LEATHER LANE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 16 LEATHER LANE, 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 16 LEATHER LANE). 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 16 LEATHER LANE?

16 LEATHER LANE is located in GOMSHALL, in the GU5 postcode district. The below map shows the position of No. 16 on LEATHER LANE.