4, MORGAN CLOSE, GUILDFORD, GU3 3EJ - £492,500

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.

4 MORGAN CLOSE is a very small terraced house of 100m², built in 2013, which could now be worth an estimated £540,725. It was last sold for £492,500 in March 2021, which was around 28% above the average March 2021 terraced price in the Guildford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was B.

4 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 4 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Guildford local authority area for the corresponding sale date. Both of the two 4 MORGAN CLOSE 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
2021 22 MAR	£492,500	£385,585	28% above HPI
2013 24 MAY	£405,000	£267,859	51% above HPI

4 MORGAN CLOSE 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 two 4 MORGAN CLOSE sales from May 2013 and March 2021 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 May 2013 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 4 MORGAN CLOSE be worth now?

4 MORGAN CLOSE might now be worth an estimated £540,725.

This is based on house price inflation of 9.8%, between March 2021 and April 2026, 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 9.8% inflationary increase is applied to the most recent sale price for 4 MORGAN CLOSE of £492,500 on 22nd March 2021. For the value to have increased from £492,500 to £540,725 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 MORGAN CLOSE has moved in line with the HPI for terraced houses in the Guildford local authority area.
• The March 2021 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MORGAN CLOSE has not materially changed since March 2021.

How Large is 4 MORGAN CLOSE?

4 MORGAN CLOSE is 100m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of terraced houses houses in Guildford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Guildford, and where 4 MORGAN CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 4 MORGAN CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Guildford.

4 MORGAN CLOSE: Plot and Title Map

4 MORGAN CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 4 MORGAN CLOSE, 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 4 MORGAN CLOSE). 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 4 MORGAN CLOSE?

4 MORGAN CLOSE is located in GUILDFORD, in the GU3 postcode district. The below map shows the position of No. 4 on MORGAN CLOSE.