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
8 PINE BANK is a very small extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £1,230,000 in August 2023, which was around 40% above the average August 2023 detached price in the Waverley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 PINE BANK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. The three 8 PINE BANK sales were a mix of above the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2023 25 AUG | £1,230,000 | £879,096 | 40% above HPI |
2018 31 JUL | £750,000 | £765,407 | 2% below HPI |
2004 13 OCT | £420,000 | £421,552 | Close to HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three 8 PINE BANK sales between October 2004 and August 2023 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 July 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.
8 PINE BANK is 126m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Hindhead, based on EPC data. The below chart shows the distribution of detached houses by size in Hindhead, and where 8 PINE BANK lies on this distribution: 15% of detached houses are smaller than 8 PINE BANK, and 83% of houses are larger. Note that EPC data is not available for all properties in Hindhead.
8 PINE BANK sits on a plot of roughly 0.623 of an acre, or 2,520m². The below map shows the location of 8 PINE BANK, 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 PINE BANK). 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.
8 PINE BANK is located in HINDHEAD, in the GU26 postcode district. The below map shows the position of No. 8 on PINE BANK.