38, LORNE GARDENS, KNAPHILL, WOKING, GU21 2QL - £440,000

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

38 LORNE GARDENS is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £440,000 in March 2015, which was around 38% below the average March 2015 detached price in the Woking local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

38 LORNE GARDENS Sold Prices

Land registry data shows four sales for 38 LORNE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the four 38 LORNE 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
2015 11 MAR	£440,000	£712,946	38% below HPI
2007 25 MAY	£330,000	£526,092	37% below HPI
2002 20 DEC	£261,000	£418,139	38% below HPI
1998 30 JUN	£157,950	£227,455	31% below HPI

38 LORNE 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 four 38 LORNE GARDENS sales between June 1998 and March 2015 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 May 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 38 LORNE GARDENS?

38 LORNE GARDENS is 86m² according to the EPC inspection conducted in October 2014. 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 38 LORNE GARDENS lies on this distribution: 10% of detached houses are smaller than 38 LORNE GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Woking.

38 LORNE GARDENS: Plot and Title Map

38 LORNE GARDENS sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 38 LORNE 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 38 LORNE 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 38 LORNE GARDENS?

38 LORNE GARDENS is located in KNAPHILL, in the GU21 postcode district. The below map shows the position of No. 38 on LORNE GARDENS.