OAK HOUSE, HIGHLANDS LANE, WOKING, GU22 9PU - £700,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

OAK HOUSE is a small detached house of 107m², built sometime between 1950 and 1966. It was last sold for £700,000 in October 2020, which was around 20% below the average October 2020 detached price in the Woking local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

OAK HOUSE Sold Prices

Land registry data shows four sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the four OAK HOUSE 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
2020 2 OCT	£700,000	£877,885	20% below HPI
2018 5 JAN	£613,000	£815,465	25% below HPI
1999 5 NOV	£258,000	£281,524	8% below HPI
1995 24 NOV	£151,500	£163,186	7% below HPI

OAK 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 four OAK HOUSE sales between November 1995 and October 2020 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 107m² according to the EPC inspection conducted in February 2020. 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 OAK HOUSE lies on this distribution: 25% of detached houses are smaller than OAK HOUSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Woking.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of OAK 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 OAK 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 OAK HOUSE?

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