7, WELL LANE, WOKING, GU21 4PL - £425,000

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

7 WELL LANE is a small extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £425,000 in June 2012, which was around 28% below the average June 2012 detached price in the Woking local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

7 WELL LANE Sold Prices

Land registry data shows two sales for 7 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 7 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
2012 14 JUN	£425,000	£589,753	28% below HPI
1999 22 JUN	£170,000	£249,370	32% below HPI

7 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 7 WELL LANE sales from June 1999 and June 2012 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 June 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2012 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 WELL LANE?

7 WELL LANE is 109m², which includes one extension, according to the EPC inspection conducted in February 2012. 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 7 WELL LANE lies on this distribution: 28% of detached houses are smaller than 7 WELL LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Woking.

7 WELL LANE: Plot and Title Map

7 WELL LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 7 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 7 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 7 WELL LANE?

7 WELL LANE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 7 on WELL LANE.