1, SMILES PLACE, WOKING, GU22 8BJ - £955,000

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 SMILES PLACE is a very large detached house of 327m², built sometime between 2007 and 2011. It was last sold for £955,000 in October 2023, which was around 3% below the average October 2023 detached price in the Woking local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

1 SMILES PLACE Sold Prices

Land registry data shows two sales for 1 SMILES PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Woking local authority area for the corresponding sale date. Both of the two 1 SMILES PLACE 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
2023 20 OCT	£955,000	£982,967	3% below HPI
2008 16 MAY	£495,000	£548,192	10% below HPI

1 SMILES PLACE 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 two 1 SMILES PLACE sales from May 2008 and October 2023 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 May 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 SMILES PLACE?

1 SMILES PLACE is 327m² according to the EPC inspection conducted in May 2023. This puts it in the largest 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 SMILES PLACE lies on this distribution: 97% of detached houses are smaller than 1 SMILES PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Woking.

1 SMILES PLACE: Plot and Title Map

1 SMILES PLACE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 1 SMILES PLACE, 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 SMILES PLACE). 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 SMILES PLACE?

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