3, FIVE OAKS CLOSE, WOKING, GU21 8TU - £538,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 FIVE OAKS CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £499,522. It was last sold for £538,000 in October 2022, which was around 46% below the average October 2022 detached price in the Woking local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 FIVE OAKS CLOSE Sold Prices

Land registry data shows two sales for 3 FIVE OAKS CLOSE 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 3 FIVE OAKS CLOSE 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
2022 14 OCT	£538,000	£1,000,200	46% below HPI
2015 21 AUG	£410,000	£740,770	45% below HPI

3 FIVE OAKS CLOSE 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 3 FIVE OAKS CLOSE sales from August 2015 and October 2022 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 August 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 3 FIVE OAKS CLOSE be worth now?

3 FIVE OAKS CLOSE might now be worth an estimated £499,522.

This is based on house price deflation of 7.2%, between October 2022 and December 2024, for detached houses, in the Woking local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% deflationary decrease is applied to the most recent sale price for 3 FIVE OAKS CLOSE of £538,000 on 14th October 2022. For the value to have decreased from £538,000 to £499,522 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 3 FIVE OAKS CLOSE has moved in line with the HPI for detached houses in the Woking local authority area.
• The October 2022 sale price of £538,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FIVE OAKS CLOSE has not materially changed since October 2022.

How Large is 3 FIVE OAKS CLOSE?

3 FIVE OAKS CLOSE is 65m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Woking, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woking, and where 3 FIVE OAKS CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 FIVE OAKS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Woking.

3 FIVE OAKS CLOSE: Plot and Title Map

3 FIVE OAKS CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 3 FIVE OAKS CLOSE, 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 3 FIVE OAKS CLOSE). 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 3 FIVE OAKS CLOSE?

3 FIVE OAKS CLOSE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 3 on FIVE OAKS CLOSE.