NEWMARKET HOUSE, ROUNDHILL DRIVE, WOKING, GU22 8HW - £1,450,000

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.

NEWMARKET HOUSE is a very large detached house of 227m², built sometime between 1967 and 1975, which could now be worth an estimated £1,928,482. It was last sold for £1,450,000 in April 2015, which was around 101% above the average April 2015 detached price in the Woking local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

NEWMARKET HOUSE Sold Prices

Land registry data shows three sales for NEWMARKET HOUSE 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 NEWMARKET HOUSE 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
2015 1 APR	£1,450,000	£720,291	101% above HPI
2007 11 JUL	£1,080,000	£545,106	98% above HPI
2006 20 DEC	£976,105	£500,109	95% above HPI

NEWMARKET HOUSE 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 NEWMARKET HOUSE sales between December 2006 and April 2015 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 July 2007 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the April 2015 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might NEWMARKET HOUSE be worth now?

NEWMARKET HOUSE might now be worth an estimated £1,928,482.

This is based on house price inflation of 33%, between April 2015 and March 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 33% inflationary increase is applied to the most recent sale price for NEWMARKET HOUSE of £1,450,000 on 1st April 2015. For the value to have increased from £1,450,000 to £1,928,482 over the ten years and one month to March 2025, the following assumptions must hold true:

• The value of NEWMARKET HOUSE has moved in line with the HPI for detached houses in the Woking local authority area.
• The April 2015 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of NEWMARKET HOUSE has not materially changed since April 2015.

How Large is NEWMARKET HOUSE?

NEWMARKET HOUSE is 227m² according to the EPC inspection conducted in June 2014. This puts it in the largest 20% 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 NEWMARKET HOUSE lies on this distribution: 87% of detached houses houses are smaller than NEWMARKET HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Woking.

NEWMARKET HOUSE: Plot and Title Map

NEWMARKET HOUSE sits on a plot of roughly 0.402 of an acre, or 1,625m². The below map shows the location of NEWMARKET HOUSE, 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 NEWMARKET HOUSE). 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 NEWMARKET HOUSE?

NEWMARKET HOUSE is located on ROUNDHILL DRIVE in WOKING, in the GU22 postcode district. The below map shows the position of NEWMARKET HOUSE on ROUNDHILL DRIVE.