CHERMAY, SANDY WAY, WOKING, GU22 8BB - £755,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHERMAY is a midsized extended detached house of 143m², built sometime between 2007 and 2011. It was last sold for £755,000 in July 2021, which was around 14% below the average July 2021 detached price in the Woking local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

CHERMAY Sold Prices

Land registry data shows three sales for CHERMAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the three CHERMAY 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
2021 16 JUL	£755,000	£873,379	14% below HPI
2017 24 NOV	£510,000	£832,669	39% below HPI
2009 12 FEB	£235,000	£489,832	52% below HPI

CHERMAY 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 three CHERMAY sales between February 2009 and July 2021 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 November 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is CHERMAY?

CHERMAY is 143m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where CHERMAY lies on this distribution: 54% of detached houses are smaller than CHERMAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Woking.

CHERMAY: Plot and Title Map

CHERMAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of CHERMAY, 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 CHERMAY). 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 CHERMAY?

CHERMAY is located on SANDY WAY in WOKING, in the GU22 postcode district. The below map shows the position of CHERMAY on SANDY WAY.