3, MADRID ROAD, GUILDFORD, GU2 7NT - £547,500

3 MADRID ROAD is a small extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £547,500 in February 2018, which was around 28% below the average February 2018 detached price in the Guildford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

3 MADRID ROAD Sold Prices

Land registry data shows three sales for 3 MADRID ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the three 3 MADRID ROAD 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
2018 8 FEB	£547,500	£759,827	28% below HPI
2004 9 JUN	£293,500	£420,956	30% below HPI
2001 10 JUL	£225,000	£327,907	31% below HPI

3 MADRID ROAD 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 three 3 MADRID ROAD sales between July 2001 and February 2018 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 June 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 MADRID ROAD?

3 MADRID ROAD is 116m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 3 MADRID ROAD lies on this distribution: 34% of detached houses are smaller than 3 MADRID ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Guildford.

3 MADRID ROAD: Plot and Title Map

3 MADRID ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 MADRID ROAD, 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 3 MADRID ROAD). 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 3 MADRID ROAD?

3 MADRID ROAD is located in GUILDFORD, in the GU2 postcode district. The below map shows the position of No. 3 on MADRID ROAD.