MIDWAY, HIGHLANDS LANE, WOKING, GU22 9PU - £525,000

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

MIDWAY is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £525,000 in November 2019, which was around 38% below the average November 2019 detached price in the Woking local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

MIDWAY Sold Prices

Land registry data shows three sales for MIDWAY 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 MIDWAY 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
2019 15 NOV	£525,000	£841,778	38% below HPI
2001 14 JUN	£260,000	£343,287	24% below HPI
1995 16 FEB	£145,000	£161,980	10% below HPI

MIDWAY 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 MIDWAY sales between February 1995 and November 2019 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 June 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is MIDWAY?

MIDWAY is 102m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where MIDWAY lies on this distribution: 22% of detached houses are smaller than MIDWAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Woking.

MIDWAY: Plot and Title Map

MIDWAY sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of MIDWAY, 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 MIDWAY). 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 MIDWAY?

MIDWAY is located on HIGHLANDS LANE in WOKING, in the GU22 postcode district. The below map shows the position of MIDWAY on HIGHLANDS LANE.