11, PALACE WAY, WOKING, GU22 8JA - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 PALACE WAY is a small detached house of 105m², built sometime between 2003 and 2006. It was last sold for £400,000 in August 2017, which was around 52% below the average August 2017 detached price in the Woking local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

11 PALACE WAY Sold Prices

Land registry data shows two sales for 11 PALACE WAY 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 11 PALACE WAY 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 18 AUG	£400,000	£830,848	52% below HPI
2006 27 FEB	£329,950	£463,495	29% below HPI

11 PALACE WAY 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 11 PALACE WAY sales from February 2006 and August 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 11 PALACE WAY?

11 PALACE WAY is 105m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 11 PALACE WAY lies on this distribution: 24% of detached houses are smaller than 11 PALACE WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Woking.

11 PALACE WAY: Plot and Title Map

11 PALACE WAY sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 11 PALACE WAY, 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 11 PALACE WAY). 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 11 PALACE WAY?

11 PALACE WAY is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 11 on PALACE WAY.