38, SOMERTONS CLOSE, GUILDFORD, GU2 9YB - £250,000

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.

38 SOMERTONS CLOSE is a midsized flat of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £233,488. It was last sold for £250,000 in August 2022, which was around 12% below the average August 2022 flat price in the Guildford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

38 SOMERTONS CLOSE Sold Prices

Land registry data shows one sale for 38 SOMERTONS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2022 5 AUG	£250,000	£284,397	12% below HPI

What might 38 SOMERTONS CLOSE be worth now?

38 SOMERTONS CLOSE might now be worth an estimated £233,488.

This is based on house price deflation of 6.6%, between August 2022 and May 2026, for flats, in the Guildford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.6% deflationary decrease is applied to the most recent sale price for 38 SOMERTONS CLOSE of £250,000 on 5th August 2022. For the value to have decreased from £250,000 to £233,488 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 38 SOMERTONS CLOSE has moved in line with the HPI for flats in the Guildford local authority area.
• The August 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SOMERTONS CLOSE has not materially changed since August 2022.

How Large is 38 SOMERTONS CLOSE?

38 SOMERTONS CLOSE is 54m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of flats in Guildford, based on EPC data. 42% of flats are smaller than 38 SOMERTONS CLOSE, and 57% of flats are larger. Note that EPC data is not available for all properties in Guildford.

38 SOMERTONS CLOSE: Plot

38 SOMERTONS CLOSE sits on a plot of roughly 0.440 of an acre, or 1,779m².

Where is 38 SOMERTONS CLOSE?

38 SOMERTONS CLOSE is located in GUILDFORD, in the GU2 postcode district.