49, WELL LANE, WOKING, GU21 4PS - £581,000

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

49 WELL LANE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £581,000 in July 2016, which was around 28% below the average July 2016 detached price in the Woking local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

49 WELL LANE Sold Prices

Land registry data shows two sales for 49 WELL 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 Woking local authority area for the corresponding sale date. Both of the two 49 WELL 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
2016 27 JUL	£581,000	£803,733	28% below HPI
2015 23 FEB	£532,000	£710,978	25% below HPI

49 WELL LANE 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 49 WELL LANE sales from February 2015 and July 2016 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 February 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 49 WELL LANE?

49 WELL LANE is 100m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 49 WELL LANE lies on this distribution: 20% of detached houses are smaller than 49 WELL LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Woking.

49 WELL LANE: Plot and Title Map

49 WELL LANE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 49 WELL 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 49 WELL 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 49 WELL LANE?

49 WELL LANE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 49 on WELL LANE.