2, LAKELAND DRIVE, FRIMLEY, CAMBERLEY, GU16 8LD - £303,000

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

2 LAKELAND DRIVE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £303,000 in September 2013, which was around 38% below the average September 2013 detached price in the Surrey Heath local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 LAKELAND DRIVE Sold Prices

Land registry data shows two sales for 2 LAKELAND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 2 LAKELAND DRIVE 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
2013 18 SEP	£303,000	£487,844	38% below HPI
1995 29 MAR	£121,000	£139,235	13% below HPI

2 LAKELAND DRIVE 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 two 2 LAKELAND DRIVE sales from March 1995 and September 2013 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 March 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 LAKELAND DRIVE?

2 LAKELAND DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Frimley, based on EPC data. The below chart shows the distribution of detached houses by size in Frimley, and where 2 LAKELAND DRIVE lies on this distribution: 23% of detached houses are smaller than 2 LAKELAND DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Frimley.

2 LAKELAND DRIVE: Plot and Title Map

2 LAKELAND DRIVE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 2 LAKELAND DRIVE, 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 2 LAKELAND DRIVE). 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 2 LAKELAND DRIVE?

2 LAKELAND DRIVE is located in FRIMLEY, in the GU16 postcode district. The below map shows the position of No. 2 on LAKELAND DRIVE.