1, OAK LANE, WOKING, GU22 8BX - £420,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 OAK LANE is a very small extended detached house of 77m², built sometime before 1900. It was last sold for £420,000 in March 2016, which was around 48% below the average March 2016 detached price in the Woking local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 OAK LANE Sold Prices

Land registry data shows four sales for 1 OAK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the four 1 OAK 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
2016 22 MAR	£420,000	£800,139	48% below HPI
2013 22 AUG	£268,000	£609,144	56% below HPI
2003 14 FEB	£205,000	£424,837	52% below HPI
1999 18 JUN	£93,500	£249,370	63% below HPI

1 OAK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Woking local authority area over time, sourced from the HPI. The four 1 OAK LANE sales between June 1999 and March 2016 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 August 2013 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 2016 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 1 OAK LANE?

1 OAK LANE is 77m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 1 OAK LANE lies on this distribution: 6% of detached houses are smaller than 1 OAK LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Woking.

1 OAK LANE: Plot and Title Map

1 OAK LANE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 OAK 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 OAK 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 OAK LANE?

1 OAK LANE is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 1 on OAK LANE.