1, MINCING LANE, CHOBHAM, WOKING, GU24 8RX - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MINCING LANE is a very small extended detached house of 51m², built sometime between 1900 and 1929. It was last sold for £335,000 in July 2017, which was around 47% below the average July 2017 detached price in the Surrey Heath local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

1 MINCING LANE Sold Prices

Land registry data shows three sales for 1 MINCING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the three 1 MINCING LANE 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
2017 28 JUL	£335,000	£630,111	47% below HPI
2015 13 FEB	£250,000	£548,395	54% below HPI
1997 21 FEB	£86,500	£157,364	45% below HPI

1 MINCING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The three 1 MINCING LANE sales between February 1997 and July 2017 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 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2017 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 1 MINCING LANE?

1 MINCING LANE is 51m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses by size in Chobham, and where 1 MINCING LANE lies on this distribution: 1% of detached houses are smaller than 1 MINCING LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chobham.

1 MINCING LANE: Plot and Title Map

1 MINCING LANE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 1 MINCING LANE, 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 1 MINCING LANE). 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 1 MINCING LANE?

1 MINCING LANE is located in CHOBHAM, in the GU24 postcode district. The below map shows the position of No. 1 on MINCING LANE.