8, MINCING LANE, CHOBHAM, WOKING, GU24 8RX - £645,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 MINCING LANE is a midsized extended detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £747,505. It was last sold for £645,000 in April 2016, which was around 1% below the average April 2016 detached price in the Surrey Heath local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

8 MINCING LANE Sold Prices

Land registry data shows three sales for 8 MINCING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the three 8 MINCING 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
2016 27 APR	£645,000	£652,164	1% below HPI
2013 19 APR	£470,000	£483,214	3% below HPI
2003 28 OCT	£330,000	£384,454	14% below HPI

8 MINCING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The three 8 MINCING LANE sales between October 2003 and April 2016 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 April 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 MINCING LANE be worth now?

8 MINCING LANE might now be worth an estimated £747,505.

This is based on house price inflation of 15.9%, between April 2016 and December 2024, for detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 8 MINCING LANE of £645,000 on 27th April 2016. For the value to have increased from £645,000 to £747,505 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 8 MINCING LANE has moved in line with the HPI for detached houses in the Surrey Heath local authority area.
• The April 2016 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MINCING LANE has not materially changed since April 2016.

How Large is 8 MINCING LANE?

8 MINCING LANE is 127m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses houses in Chobham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chobham, and where 8 MINCING LANE lies on this distribution: 47% of detached houses houses are smaller than 8 MINCING LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Chobham.

8 MINCING LANE: Plot and Title Map

8 MINCING LANE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 8 MINCING 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 8 MINCING 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 8 MINCING LANE?

8 MINCING LANE is located in CHOBHAM, in the GU24 postcode district. The below map shows the position of No. 8 on MINCING LANE.