7, LEATHER LANE, GOMSHALL, GUILDFORD, GU5 9NB - £320,000

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.

7 LEATHER LANE is a very small semi-detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £562,610. It was last sold for £320,000 in April 2011, which was around 9% above the average April 2011 semi-detached price in the Guildford local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

7 LEATHER LANE Sold Prices

Land registry data shows four sales for 7 LEATHER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Guildford local authority area for the corresponding sale date. All of the four 7 LEATHER LANE 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
2011 1 APR	£320,000	£292,970	9% above HPI
2005 18 FEB	£270,000	£240,376	12% above HPI
2004 7 SEP	£287,000	£246,882	16% above HPI
2000 30 JUN	£225,000	£163,194	38% above HPI

7 LEATHER LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Guildford local authority area over time, sourced from the HPI. The four 7 LEATHER LANE sales between June 2000 and April 2011 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 February 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2011 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 LEATHER LANE be worth now?

7 LEATHER LANE might now be worth an estimated £562,610.

This is based on house price inflation of 75.8%, between April 2011 and May 2026, for semi-detached 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 75.8% inflationary increase is applied to the most recent sale price for 7 LEATHER LANE of £320,000 on 1st April 2011. For the value to have increased from £320,000 to £562,610 over the fourteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 LEATHER LANE has moved in line with the HPI for semi-detached houses in the Guildford local authority area.
• The April 2011 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LEATHER LANE has not materially changed since April 2011.

How Large is 7 LEATHER LANE?

7 LEATHER LANE is 88m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of semi-detached houses houses in Gomshall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gomshall, and where 7 LEATHER LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 7 LEATHER LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gomshall.

7 LEATHER LANE: Plot and Title Map

7 LEATHER LANE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 7 LEATHER LANE, 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 LEATHER LANE). 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 LEATHER LANE?

7 LEATHER LANE is located in GOMSHALL, in the GU5 postcode district. The below map shows the position of No. 7 on LEATHER LANE.