8, MICHAEL LANE, GUILDFORD, GU2 9LB - £320,100

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 MICHAEL LANE is a detached house, which could now be worth an estimated £673,903. It was last sold for £320,100 in May 2005, which was around 28% below the average May 2005 detached price in the Guildford local authority area.

8 MICHAEL LANE Sold Prices

Land registry data shows one sale for 8 MICHAEL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Guildford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 20 MAY	£320,100	£443,724	28% below HPI

What might 8 MICHAEL LANE be worth now?

8 MICHAEL LANE might now be worth an estimated £673,903.

This is based on house price inflation of 110.5%, between May 2005 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 110.5% inflationary increase is applied to the most recent sale price for 8 MICHAEL LANE of £320,100 on 20th May 2005. For the value to have increased from £320,100 to £673,903 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 8 MICHAEL LANE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The May 2005 sale price of £320,100 represented a fair market value for the property.
• The size, condition, and specification of 8 MICHAEL LANE has not materially changed since May 2005.

Where is 8 MICHAEL LANE?

8 MICHAEL LANE is located in GUILDFORD, in the GU2 postcode district.