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
5 GORSE LANE is a very large extended detached house of 243m², built sometime between 1950 and 1966. It was last sold for £875,000 in August 2014, which was around 43% above the average August 2014 detached price in the Waverley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 GORSE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Two of the three 5 GORSE LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2014 21 AUG | £875,000 | £609,824 | 43% above HPI |
2001 13 SEP | £345,000 | £336,106 | 3% above HPI |
1999 26 MAY | £215,000 | £229,761 | 6% below HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three 5 GORSE LANE sales between May 1999 and August 2014 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 September 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2014 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.
5 GORSE LANE is 243m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Shortheath, based on EPC data. The below chart shows the distribution of detached houses by size in Shortheath, and where 5 GORSE LANE lies on this distribution: 93% of detached houses are smaller than 5 GORSE LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Shortheath.
5 GORSE LANE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 5 GORSE 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 5 GORSE 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.
5 GORSE LANE is located in WRECCLESHAM, in the GU10 postcode district. The below map shows the position of No. 5 on GORSE LANE.