18, MEAD WAY, GUILDFORD, GU4 7LG - £638,000

18 MEAD WAY is a very small detached house of 97m², built sometime between 1950 and 1966. It was last sold for £638,000 in January 2019, which was around 19% below the average January 2019 detached price in the Guildford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

18 MEAD WAY Sold Prices

Land registry data shows four sales for 18 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 18 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
2019 7 JAN	£638,000	£786,143	19% below HPI
2011 12 AUG	£465,000	£547,901	15% below HPI
2008 22 FEB	£460,000	£533,568	14% below HPI
2004 14 MAY	£282,500	£413,663	32% below HPI

18 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 18 MEAD WAY sales between May 2004 and January 2019 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 August 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 MEAD WAY?

18 MEAD WAY is 97m² according to the EPC inspection conducted in April 2010. 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 18 MEAD WAY lies on this distribution: 19% of detached houses are smaller than 18 MEAD WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Guildford.

18 MEAD WAY: Plot and Title Map

18 MEAD WAY sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 18 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 18 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 18 MEAD WAY?

18 MEAD WAY is located in GUILDFORD, in the GU4 postcode district. The below map shows the position of No. 18 on MEAD WAY.