LAKE VIEW, ANCHOR HILL, KNAPHILL, WOKING, GU21 2HL - £625,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

LAKE VIEW is a small detached house of 120m², built sometime between 1991 and 1995. It was last sold for £625,000 in July 2022, which was around 35% below the average July 2022 detached price in the Woking local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

LAKE VIEW Sold Prices

Land registry data shows three sales for LAKE VIEW 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 LAKE VIEW 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
2022 8 JUL	£625,000	£967,315	35% below HPI
2012 29 AUG	£430,000	£589,291	27% below HPI
2004 3 SEP	£307,500	£458,095	33% below HPI

LAKE VIEW 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 LAKE VIEW sales between September 2004 and July 2022 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 August 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is LAKE VIEW?

LAKE VIEW is 120m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where LAKE VIEW lies on this distribution: 37% of detached houses are smaller than LAKE VIEW, and 63% of houses are larger. Note that EPC data is not available for all properties in Woking.

LAKE VIEW: Plot and Title Map

LAKE VIEW sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of LAKE VIEW, 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 LAKE VIEW). 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 LAKE VIEW?

LAKE VIEW is located on ANCHOR HILL in KNAPHILL, in the GU21 postcode district. The below map shows the position of LAKE VIEW on ANCHOR HILL.