NEWLANDS, COLDHARBOUR LANE, WOKING, GU22 8SL - £740,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEWLANDS is a very small detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £871,716. It was last sold for £740,000 in April 2019, which was around 10% below the average April 2019 detached price in the Woking local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS 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. Two of the three NEWLANDS sales were for below the average price, whilst one was 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
2019 26 APR	£740,000	£819,133	10% below HPI
2006 13 APR	£410,000	£460,708	11% below HPI
1995 18 AUG	£178,000	£161,860	10% above HPI

NEWLANDS 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 NEWLANDS sales between August 1995 and April 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 April 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might NEWLANDS be worth now?

NEWLANDS might now be worth an estimated £871,716.

This is based on house price inflation of 17.8%, between April 2019 and February 2025, 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 17.8% inflationary increase is applied to the most recent sale price for NEWLANDS of £740,000 on 26th April 2019. For the value to have increased from £740,000 to £871,716 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of NEWLANDS has moved in line with the HPI for detached houses in the Woking local authority area.
• The April 2019 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of NEWLANDS has not materially changed since April 2019.

How Large is NEWLANDS?

NEWLANDS is 118m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses houses in Pyrford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pyrford, and where NEWLANDS lies on this distribution: 18% of detached houses houses are smaller than NEWLANDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Pyrford.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

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