MIMOSAS, HIGHLANDS LANE, WOKING, GU22 9PU - £283,000

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

MIMOSAS is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £283,000 in April 2003, which was around 33% below the average April 2003 detached price in the Woking local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

MIMOSAS Sold Prices

Land registry data shows two sales for MIMOSAS 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 MIMOSAS 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
2003 1 APR	£283,000	£424,272	33% below HPI
2000 28 SEP	£215,000	£333,719	36% below HPI

MIMOSAS 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 MIMOSAS sales from September 2000 and April 2003 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 September 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2003 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is MIMOSAS?

MIMOSAS is 79m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where MIMOSAS lies on this distribution: 7% of detached houses are smaller than MIMOSAS, and 93% of houses are larger. Note that EPC data is not available for all properties in Woking.

MIMOSAS: Plot and Title Map

MIMOSAS sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of MIMOSAS, 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 MIMOSAS). 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 MIMOSAS?

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