GRASMERE, ELM ROAD, WOKING, GU21 7PA - £435,000

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

GRASMERE is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £435,000 in November 2014, which was around 39% below the average November 2014 detached price in the Woking local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

GRASMERE Sold Prices

Land registry data shows three sales for GRASMERE 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 GRASMERE 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
2014 14 NOV	£435,000	£712,964	39% below HPI
2010 27 JUL	£337,000	£544,810	38% below HPI
2006 26 MAY	£283,000	£453,447	38% below HPI

GRASMERE 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 GRASMERE sales between May 2006 and November 2014 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 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is GRASMERE?

GRASMERE is 87m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where GRASMERE lies on this distribution: 11% of detached houses are smaller than GRASMERE, and 89% of houses are larger. Note that EPC data is not available for all properties in Woking.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on ELM ROAD in WOKING, in the GU21 postcode district. The below map shows the position of GRASMERE on ELM ROAD.