LANTERNS, KETTLEWELL HILL, WOKING, GU21 4HX - £1,450,000

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

LANTERNS is a very large extended detached house of 259m², built sometime between 1950 and 1966. It was last sold for £1,450,000 in December 2022, which was around 47% above the average December 2022 detached price in the Woking local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

LANTERNS Sold Prices

Land registry data shows two sales for LANTERNS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Woking local authority area for the corresponding sale date. Both of the two LANTERNS sales were for above 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 13 DEC	£1,450,000	£987,598	47% above HPI
2005 27 JAN	£570,000	£444,516	28% above HPI

LANTERNS 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 two LANTERNS sales from January 2005 and December 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 January 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might LANTERNS be worth now?

LANTERNS might now be worth an estimated £1,363,476.

This is based on house price deflation of 6%, between December 2022 and December 2024, for detached houses, in the Woking local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6% deflationary decrease is applied to the most recent sale price for LANTERNS of £1,450,000 on 13th December 2022. For the value to have decreased from £1,450,000 to £1,363,476 over the two years to December 2024, the following assumptions must hold true:

• The value of LANTERNS has moved in line with the HPI for detached houses in the Woking local authority area.
• The December 2022 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of LANTERNS has not materially changed since December 2022.

How Large is LANTERNS?

LANTERNS is 259m², which includes three extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses houses in Woking, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woking, and where LANTERNS lies on this distribution: 93% of detached houses houses are smaller than LANTERNS, and 7% of houses are larger. Note that EPC data is not available for all properties in Woking.

LANTERNS: Plot and Title Map

LANTERNS sits on a plot of roughly 0.433 of an acre, or 1,751m². The below map shows the location of LANTERNS, 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 LANTERNS). 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 LANTERNS?

LANTERNS is located on KETTLEWELL HILL in WOKING, in the GU21 postcode district. The below map shows the position of LANTERNS on KETTLEWELL HILL.