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

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

4 ELGIN WAY is a very small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £492,500 in July 2022, which was around 34% 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	£746,865	34% below HPI
2014 24 JUL	£296,500	£522,664	43% below HPI
1997 30 SEP	£106,000	£180,554	41% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 in Frimley, based on EPC data. The below chart shows the distribution of detached houses by size in Frimley, and where 4 ELGIN WAY lies on this distribution: 16% of detached 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.