7, MERROW COPSE, GUILDFORD, GU1 2LG - £580,000

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 MERROW COPSE is a very small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £652,418. It was last sold for £580,000 in August 2018, which was around 30% below the average August 2018 detached price in the Guildford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

7 MERROW COPSE Sold Prices

Land registry data shows two sales for 7 MERROW COPSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. Both of the two 7 MERROW COPSE 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 20 AUG	£580,000	£830,475	30% below HPI
2006 18 SEP	£375,000	£503,426	26% below HPI

7 MERROW COPSE 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 two 7 MERROW COPSE sales from September 2006 and August 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 September 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 MERROW COPSE be worth now?

7 MERROW COPSE might now be worth an estimated £652,418.

This is based on house price inflation of 12.5%, between August 2018 and May 2026, for 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 12.5% inflationary increase is applied to the most recent sale price for 7 MERROW COPSE of £580,000 on 20th August 2018. For the value to have increased from £580,000 to £652,418 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 7 MERROW COPSE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The August 2018 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MERROW COPSE has not materially changed since August 2018.

How Large is 7 MERROW COPSE?

7 MERROW COPSE is 100m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guildford, and where 7 MERROW COPSE lies on this distribution: 20% of detached houses houses are smaller than 7 MERROW COPSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Guildford.

7 MERROW COPSE: Plot and Title Map

7 MERROW COPSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 MERROW COPSE, 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 MERROW COPSE). 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 MERROW COPSE?

7 MERROW COPSE is located in GUILDFORD, in the GU1 postcode district. The below map shows the position of No. 7 on MERROW COPSE.