8, ELM HILL, NORMANDY, GUILDFORD, GU3 2JA - £525,000

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 ELM HILL is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £505,260. It was last sold for £525,000 in September 2022, which was around 46% below the average September 2022 detached price in the Guildford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 ELM HILL Sold Prices

Land registry data shows four sales for 8 ELM HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the four 8 ELM HILL 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 1 SEP	£525,000	£974,764	46% below HPI
2018 21 FEB	£410,000	£797,190	49% below HPI
2014 15 APR	£353,000	£645,852	45% below HPI
2008 30 MAY	£275,000	£554,056	50% below HPI

8 ELM HILL 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 four 8 ELM HILL sales between May 2008 and September 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 February 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 8 ELM HILL be worth now?

8 ELM HILL might now be worth an estimated £505,260.

This is based on house price deflation of 3.8%, between September 2022 and February 2025, 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 3.8% deflationary decrease is applied to the most recent sale price for 8 ELM HILL of £525,000 on 1st September 2022. For the value to have decreased from £525,000 to £505,260 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 ELM HILL has moved in line with the HPI for detached houses in the Guildford local authority area.
• The September 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELM HILL has not materially changed since September 2022.

How Large is 8 ELM HILL?

8 ELM HILL is 115m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses houses in Wyke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wyke, and where 8 ELM HILL lies on this distribution: 45% of detached houses houses are smaller than 8 ELM HILL, and 55% of houses are larger. Note that EPC data is not available for all properties in Wyke.

8 ELM HILL: Plot and Title Map

8 ELM HILL sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 ELM HILL, 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 ELM HILL). 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 ELM HILL?

8 ELM HILL is located in NORMANDY, in the GU3 postcode district. The below map shows the position of No. 8 on ELM HILL.