8, FAIRBOURNE CLOSE, WOKING, GU21 3NU - £324,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FAIRBOURNE CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £543,961. It was last sold for £324,500 in November 2011, which was around 44% below the average November 2011 detached price in the Woking local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

8 FAIRBOURNE CLOSE Sold Prices

Land registry data shows two sales for 8 FAIRBOURNE CLOSE 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 8 FAIRBOURNE CLOSE 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
2011 23 NOV	£324,500	£575,631	44% below HPI
1999 4 JUN	£139,950	£249,674	44% below HPI

8 FAIRBOURNE CLOSE 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 8 FAIRBOURNE CLOSE sales from June 1999 and November 2011 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2011 sale, which was also at 44% below the HPI.

What might 8 FAIRBOURNE CLOSE be worth now?

8 FAIRBOURNE CLOSE might now be worth an estimated £543,961.

This is based on house price inflation of 67.6%, between November 2011 and February 2025, for detached houses, in the Woking local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.6% inflationary increase is applied to the most recent sale price for 8 FAIRBOURNE CLOSE of £324,500 on 23rd November 2011. For the value to have increased from £324,500 to £543,961 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 FAIRBOURNE CLOSE has moved in line with the HPI for detached houses in the Woking local authority area.
• The November 2011 sale price of £324,500 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRBOURNE CLOSE has not materially changed since November 2011.

How Large is 8 FAIRBOURNE CLOSE?

8 FAIRBOURNE CLOSE is 65m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Woking, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woking, and where 8 FAIRBOURNE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 FAIRBOURNE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Woking.

8 FAIRBOURNE CLOSE: Plot and Title Map

8 FAIRBOURNE CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 8 FAIRBOURNE CLOSE, 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 8 FAIRBOURNE CLOSE). 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 8 FAIRBOURNE CLOSE?

8 FAIRBOURNE CLOSE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 8 on FAIRBOURNE CLOSE.