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
118 WESTFIELD ROAD is a very small detached house of 93m², built sometime between 1900 and 1929. It was last sold for £650,000 in August 2023, which was around 32% below the average August 2023 detached price in the Woking local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 118 WESTFIELD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the three 118 WESTFIELD ROAD 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 4 AUG | £650,000 | £957,085 | 32% below HPI |
2018 5 OCT | £550,000 | £822,980 | 33% below HPI |
1998 12 JUN | £183,200 | £227,455 | 19% below HPI |
The below graph shows the average detached house price in the Woking local authority area over time, sourced from the HPI. The three 118 WESTFIELD ROAD sales between June 1998 and August 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 October 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
118 WESTFIELD ROAD is 93m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 118 WESTFIELD ROAD lies on this distribution: 15% of detached houses are smaller than 118 WESTFIELD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Woking.
118 WESTFIELD ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 118 WESTFIELD ROAD, 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 118 WESTFIELD ROAD). 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.
118 WESTFIELD ROAD is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 118 on WESTFIELD ROAD.