2, LEATHER LANE, GOMSHALL, GUILDFORD, GU5 9NB - £375,000

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.

2 LEATHER LANE is a very small terraced house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £564,595. It was last sold for £375,000 in March 2014, which was around 30% above the average March 2014 terraced price in the Guildford local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

2 LEATHER LANE Sold Prices

Land registry data shows three sales for 2 LEATHER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Guildford local authority area for the corresponding sale date. All of the three 2 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
2014 28 MAR	£375,000	£288,609	30% above HPI
2002 25 APR	£225,000	£155,559	45% above HPI
2000 8 JUN	£205,000	£134,716	52% above HPI

2 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 three 2 LEATHER LANE sales between June 2000 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 April 2002 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2014 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 2 LEATHER LANE be worth now?

2 LEATHER LANE might now be worth an estimated £564,595.

This is based on house price inflation of 50.6%, between March 2014 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 50.6% inflationary increase is applied to the most recent sale price for 2 LEATHER LANE of £375,000 on 28th March 2014. For the value to have increased from £375,000 to £564,595 over the ten years and eight months to July 2025, the following assumptions must hold true:

• The value of 2 LEATHER LANE has moved in line with the HPI for terraced houses in the Guildford local authority area.
• The March 2014 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEATHER LANE has not materially changed since March 2014.

How Large is 2 LEATHER LANE?

2 LEATHER LANE is 90m² according to the EPC inspection conducted in November 2013. 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 2 LEATHER LANE lies on this distribution: 8% of terraced houses houses are smaller than 2 LEATHER LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gomshall.

2 LEATHER LANE: Plot and Title Map

2 LEATHER LANE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 2 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 2 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 2 LEATHER LANE?

2 LEATHER LANE is located in GOMSHALL, in the GU5 postcode district. The below map shows the position of No. 2 on LEATHER LANE.