2, MERRIVALE GARDENS, WOKING, GU21 3LX - £450,000

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

2 MERRIVALE GARDENS is a small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £450,000 in May 2014, which was around 31% below the average May 2014 detached price in the Woking local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 MERRIVALE GARDENS Sold Prices

Land registry data shows two sales for 2 MERRIVALE GARDENS 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 2 MERRIVALE GARDENS 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
2014 16 MAY	£450,000	£654,994	31% below HPI
2002 28 MAR	£225,000	£365,604	38% below HPI

2 MERRIVALE GARDENS 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 2 MERRIVALE GARDENS sales from March 2002 and May 2014 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 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 MERRIVALE GARDENS?

2 MERRIVALE GARDENS is 103m², which includes two extensions, according to the EPC inspection conducted in February 2014. 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 2 MERRIVALE GARDENS lies on this distribution: 22% of detached houses are smaller than 2 MERRIVALE GARDENS, and 77% of houses are larger. Note that EPC data is not available for all properties in Woking.

2 MERRIVALE GARDENS: Plot and Title Map

2 MERRIVALE GARDENS sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 MERRIVALE GARDENS, 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 MERRIVALE GARDENS). 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 MERRIVALE GARDENS?

2 MERRIVALE GARDENS is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 2 on MERRIVALE GARDENS.