5, OAK LANE, WOKING, GU22 8BX - £300,000

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

5 OAK LANE is a very large detached house of 246m², built sometime between 1967 and 1975. It was last sold for £300,000 in August 2006, which was around 37% below the average August 2006 detached price in the Woking local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

5 OAK LANE Sold Prices

Land registry data shows two sales for 5 OAK 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 5 OAK 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
2006 25 AUG	£300,000	£474,712	37% below HPI
2004 28 MAY	£235,000	£432,750	46% below HPI

5 OAK 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 5 OAK LANE sales from May 2004 and August 2006 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 May 2004 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2006 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 OAK LANE?

5 OAK LANE is 246m² according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 5 OAK LANE lies on this distribution: 91% of detached houses are smaller than 5 OAK LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Woking.

5 OAK LANE: Plot and Title Map

5 OAK LANE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 5 OAK 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 OAK 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 5 OAK LANE?

5 OAK LANE is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 5 on OAK LANE.