24, CHESTNUT WAY, BRAMLEY, GUILDFORD, GU5 0JB - £600,000

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.

24 CHESTNUT WAY is a small extended semi-detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £615,140. It was last sold for £600,000 in December 2022, which was around 11% above the average December 2022 semi-detached price in the Waverley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

24 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 24 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Waverley local authority area for the corresponding sale date. One of the two 24 CHESTNUT WAY sales was for above the average price, whilst the other was 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
2022 21 DEC	£600,000	£539,998	11% above HPI
2017 19 JUL	£430,000	£440,629	2% below HPI

24 CHESTNUT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Waverley local authority area over time, sourced from the HPI. The two 24 CHESTNUT WAY sales from July 2017 and December 2022 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 July 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 24 CHESTNUT WAY be worth now?

24 CHESTNUT WAY might now be worth an estimated £615,140.

This is based on house price inflation of 2.5%, between December 2022 and May 2026, for semi-detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for 24 CHESTNUT WAY of £600,000 on 21st December 2022. For the value to have increased from £600,000 to £615,140 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 24 CHESTNUT WAY has moved in line with the HPI for semi-detached houses in the Waverley local authority area.
• The December 2022 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHESTNUT WAY has not materially changed since December 2022.

How Large is 24 CHESTNUT WAY?

24 CHESTNUT WAY is 123m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of semi-detached houses houses in Bramley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bramley, and where 24 CHESTNUT WAY lies on this distribution: 27% of semi-detached houses houses are smaller than 24 CHESTNUT WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Bramley.

24 CHESTNUT WAY: Plot and Title Map

24 CHESTNUT WAY sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 24 CHESTNUT 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 24 CHESTNUT 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 24 CHESTNUT WAY?

24 CHESTNUT WAY is located in BRAMLEY, in the GU5 postcode district. The below map shows the position of No. 24 on CHESTNUT WAY.