14, MICHAEL LANE, GUILDFORD, GU2 9LB - £530,000

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.

14 MICHAEL LANE is a detached house, which could now be worth an estimated £905,470. It was last sold for £530,000 in June 2007, which was around 3% below the average June 2007 detached price in the Guildford local authority area.

14 MICHAEL LANE Sold Prices

Land registry data shows two sales for 14 MICHAEL LANE 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. One of the two 14 MICHAEL LANE sales was for below the average price, whilst the other was 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
2007 7 JUN	£530,000	£546,797	3% below HPI
2005 15 SEP	£495,000	£459,046	8% above HPI

What might 14 MICHAEL LANE be worth now?

14 MICHAEL LANE might now be worth an estimated £905,470.

This is based on house price inflation of 70.8%, between June 2007 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 70.8% inflationary increase is applied to the most recent sale price for 14 MICHAEL LANE of £530,000 on 7th June 2007. For the value to have increased from £530,000 to £905,470 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 14 MICHAEL LANE has moved in line with the HPI for detached houses in the Guildford local authority area.
• The June 2007 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MICHAEL LANE has not materially changed since June 2007.

Where is 14 MICHAEL LANE?

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