7, MORGAN CLOSE, GUILDFORD, GU3 3EJ - £497,000

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 MORGAN CLOSE is a small semi-detached house of 103m², built in 2013, which could now be worth an estimated £592,459. It was last sold for £497,000 in April 2019, which was around 15% above the average April 2019 semi-detached price in the Guildford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

7 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 7 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Guildford local authority area for the corresponding sale date. All of the three 7 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
2019 25 APR	£497,000	£433,387	15% above HPI
2014 14 NOV	£465,800	£361,995	29% above HPI
2013 13 JUN	£410,000	£313,839	31% above HPI

7 MORGAN CLOSE 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 three 7 MORGAN CLOSE sales between June 2013 and April 2019 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 November 2014 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 MORGAN CLOSE be worth now?

7 MORGAN CLOSE might now be worth an estimated £592,459.

This is based on house price inflation of 19.2%, between April 2019 and April 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 19.2% inflationary increase is applied to the most recent sale price for 7 MORGAN CLOSE of £497,000 on 25th April 2019. For the value to have increased from £497,000 to £592,459 over the seven years to April 2026, the following assumptions must hold true:

• The value of 7 MORGAN CLOSE has moved in line with the HPI for semi-detached houses in the Guildford local authority area.
• The April 2019 sale price of £497,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MORGAN CLOSE has not materially changed since April 2019.

How Large is 7 MORGAN CLOSE?

7 MORGAN CLOSE is 103m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of semi-detached houses houses in Guildford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Guildford, and where 7 MORGAN CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 7 MORGAN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Guildford.

7 MORGAN CLOSE: Plot and Title Map

7 MORGAN CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 7 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 7 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 7 MORGAN CLOSE?

7 MORGAN CLOSE is located in GUILDFORD, in the GU3 postcode district. The below map shows the position of No. 7 on MORGAN CLOSE.