7, LAKES CLOSE, CHILWORTH, GUILDFORD, GU4 8LL - £440,000

7 LAKES CLOSE is a very small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £440,000 in July 2022, which was around 51% below the average July 2022 detached price in the Guildford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

7 LAKES CLOSE Sold Prices

Land registry data shows five sales for 7 LAKES CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the five 7 LAKES CLOSE 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
2022 8 JUL	£440,000	£905,780	51% below HPI
2016 10 JUN	£355,000	£723,526	51% below HPI
2014 18 JUN	£297,500	£627,902	53% below HPI
2010 29 JAN	£250,000	£508,978	51% below HPI
2007 24 AUG	£250,000	£538,121	54% below HPI

7 LAKES CLOSE 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 five 7 LAKES CLOSE sales between August 2007 and July 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 June 2016 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2022 sale, which was also at 51% below the HPI.

How Large is 7 LAKES CLOSE?

7 LAKES CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Chilworth, based on EPC data. The below chart shows the distribution of detached houses by size in Chilworth, and where 7 LAKES CLOSE lies on this distribution: 7% of detached houses are smaller than 7 LAKES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chilworth.

7 LAKES CLOSE: Plot and Title Map

7 LAKES CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 7 LAKES 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 7 LAKES 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 7 LAKES CLOSE?

7 LAKES CLOSE is located in CHILWORTH, in the GU4 postcode district. The below map shows the position of No. 7 on LAKES CLOSE.