4, ELGIN WAY, FRIMLEY, CAMBERLEY, GU16 9YH - £492,500

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

4 ELGIN WAY is a very small extended detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £474,055. It was last sold for £492,500 in July 2022, which was around 37% below the average July 2022 detached price in the Surrey Heath local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

4 ELGIN WAY Sold Prices

Land registry data shows three sales for 4 ELGIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the three 4 ELGIN 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
2022 18 JUL	£492,500	£785,215	37% below HPI
2014 24 JUL	£296,500	£549,502	46% below HPI
1997 30 SEP	£106,000	£189,825	44% below HPI

4 ELGIN 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 three 4 ELGIN WAY sales between September 1997 and July 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 July 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 ELGIN WAY be worth now?

4 ELGIN WAY might now be worth an estimated £474,055.

This is based on house price deflation of 3.7%, between July 2022 and December 2024, for detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for 4 ELGIN WAY of £492,500 on 18th July 2022. For the value to have decreased from £492,500 to £474,055 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 4 ELGIN WAY has moved in line with the HPI for detached houses in the Surrey Heath local authority area.
• The July 2022 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ELGIN WAY has not materially changed since July 2022.

How Large is 4 ELGIN WAY?

4 ELGIN WAY is 88m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Frimley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Frimley, and where 4 ELGIN WAY lies on this distribution: 16% of detached houses houses are smaller than 4 ELGIN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Frimley.

4 ELGIN WAY: Plot and Title Map

4 ELGIN WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 4 ELGIN 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 4 ELGIN 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 4 ELGIN WAY?

4 ELGIN WAY is located in FRIMLEY, in the GU16 postcode district. The below map shows the position of No. 4 on ELGIN WAY.