50, WELL LANE, WOKING, GU21 4PP - £460,000

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

50 WELL LANE is a small extended detached house of 118m², built sometime between 1900 and 1929. It was last sold for £460,000 in May 2017, which was around 43% below the average May 2017 detached price in the Woking local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

50 WELL LANE Sold Prices

Land registry data shows two sales for 50 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 50 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
2017 30 MAY	£460,000	£805,149	43% below HPI
2000 6 OCT	£150,000	£332,682	55% below HPI

50 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 50 WELL LANE sales from October 2000 and May 2017 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 October 2000 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 50 WELL LANE?

50 WELL LANE is 118m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 50 WELL LANE lies on this distribution: 35% of detached houses are smaller than 50 WELL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Woking.

50 WELL LANE: Plot and Title Map

50 WELL LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 50 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 50 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 50 WELL LANE?

50 WELL LANE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 50 on WELL LANE.