8, CHESTNUT WAY, BRAMLEY, GUILDFORD, GU5 0JB - £463,000

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.

8 CHESTNUT WAY is a small extended semi-detached house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £591,617. It was last sold for £463,000 in May 2019, which was around 7% above the average May 2019 semi-detached price in the Waverley local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

8 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 8 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Waverley local authority area for the corresponding sale date. One of the two 8 CHESTNUT WAY sales was for above the average price, whilst the other was roughly equal to 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 29 MAY	£463,000	£433,267	7% above HPI
2012 30 AUG	£326,000	£325,897	Close to HPI

8 CHESTNUT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Waverley local authority area over time, sourced from the HPI. The two 8 CHESTNUT WAY sales from August 2012 and May 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 August 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 CHESTNUT WAY be worth now?

8 CHESTNUT WAY might now be worth an estimated £591,617.

This is based on house price inflation of 27.8%, between May 2019 and May 2026, for semi-detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 8 CHESTNUT WAY of £463,000 on 29th May 2019. For the value to have increased from £463,000 to £591,617 over the seven years to May 2026, the following assumptions must hold true:

• The value of 8 CHESTNUT WAY has moved in line with the HPI for semi-detached houses in the Waverley local authority area.
• The May 2019 sale price of £463,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT WAY has not materially changed since May 2019.

How Large is 8 CHESTNUT WAY?

8 CHESTNUT WAY is 116m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of semi-detached houses houses in Bramley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bramley, and where 8 CHESTNUT WAY lies on this distribution: 21% of semi-detached houses houses are smaller than 8 CHESTNUT WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Bramley.

8 CHESTNUT WAY: Plot and Title Map

8 CHESTNUT WAY sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 CHESTNUT WAY, 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 8 CHESTNUT WAY). 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 8 CHESTNUT WAY?

8 CHESTNUT WAY is located in BRAMLEY, in the GU5 postcode district. The below map shows the position of No. 8 on CHESTNUT WAY.