4, MINCING LANE, CHOBHAM, WOKING, GU24 8RX - £605,000

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

4 MINCING LANE is a very small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £605,000 in September 2022, which was around 22% below the average September 2022 detached price in the Surrey Heath local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

4 MINCING LANE Sold Prices

Land registry data shows two sales for 4 MINCING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 4 MINCING LANE 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 26 SEP	£605,000	£774,330	22% below HPI
2009 19 AUG	£327,500	£410,082	20% below HPI

4 MINCING LANE 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 two 4 MINCING LANE sales from August 2009 and September 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 MINCING LANE?

4 MINCING LANE is 85m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses by size in Chobham, and where 4 MINCING LANE lies on this distribution: 19% of detached houses are smaller than 4 MINCING LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chobham.

4 MINCING LANE: Plot and Title Map

4 MINCING LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 4 MINCING LANE, 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 MINCING LANE). 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 MINCING LANE?

4 MINCING LANE is located in CHOBHAM, in the GU24 postcode district. The below map shows the position of No. 4 on MINCING LANE.