23, FAIRBORNE WAY, GUILDFORD, GU2 9GB - £490,000

23 FAIRBORNE WAY is a small extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £490,000 in July 2013, which was around 15% below the average July 2013 detached price in the Guildford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

23 FAIRBORNE WAY Sold Prices

Land registry data shows four sales for 23 FAIRBORNE 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. Most of the four 23 FAIRBORNE 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
2013 12 JUL	£490,000	£579,250	15% below HPI
2006 18 AUG	£395,000	£469,100	16% below HPI
2004 30 APR	£365,000	£411,606	11% below HPI
1996 12 APR	£177,000	£156,387	13% above HPI

23 FAIRBORNE 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 23 FAIRBORNE WAY sales between April 1996 and July 2013 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 23 FAIRBORNE WAY?

23 FAIRBORNE WAY is 122m², which includes one extension, according to the EPC inspection conducted in July 2010. 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 23 FAIRBORNE WAY lies on this distribution: 39% of detached houses are smaller than 23 FAIRBORNE WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Guildford.

23 FAIRBORNE WAY: Plot and Title Map

23 FAIRBORNE WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 23 FAIRBORNE 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 23 FAIRBORNE 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 23 FAIRBORNE WAY?

23 FAIRBORNE WAY is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 23 on FAIRBORNE WAY.