2, MARTIN WAY, FRIMLEY, CAMBERLEY, GU16 8PH - £495,000

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 MARTIN WAY is a very large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £495,000 in April 2021, which was around 25% below the average April 2021 detached price in the Surrey Heath local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

2 MARTIN WAY Sold Prices

Land registry data shows two sales for 2 MARTIN 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 Surrey Heath local authority area for the corresponding sale date. Both of the two 2 MARTIN 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
2021 22 APR	£495,000	£662,936	25% below HPI
2007 12 JUN	£375,000	£437,305	14% below HPI

2 MARTIN WAY 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 MARTIN WAY sales from June 2007 and April 2021 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 June 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 MARTIN WAY?

2 MARTIN WAY is 155m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% 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 MARTIN WAY lies on this distribution: 85% of detached houses are smaller than 2 MARTIN WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Frimley.

2 MARTIN WAY: Plot and Title Map

2 MARTIN WAY sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 2 MARTIN 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 2 MARTIN 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 2 MARTIN WAY?

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