OAKBANKS, POND ROAD, WOKING, GU22 0JZ - £1,487,500

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

OAKBANKS is a very large extended detached house of 230m², built sometime between 1967 and 1975. It was last sold for £1,487,500 in January 2024, which was around 57% above the average January 2024 detached price in the Woking local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

OAKBANKS Sold Prices

Land registry data shows three sales for OAKBANKS 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 OAKBANKS 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
2024 15 JAN	£1,487,500	£945,380	57% above HPI
2009 1 MAY	£730,000	£475,014	54% above HPI
2003 31 JUL	£550,000	£434,765	27% above HPI

OAKBANKS 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 OAKBANKS sales between July 2003 and January 2024 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 May 2009 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2024 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is OAKBANKS?

OAKBANKS is 230m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where OAKBANKS lies on this distribution: 88% of detached houses are smaller than OAKBANKS, and 12% of houses are larger. Note that EPC data is not available for all properties in Woking.

OAKBANKS: Plot and Title Map

OAKBANKS sits on a plot of roughly 0.463 of an acre, or 1,872m². The below map shows the location of OAKBANKS, 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 OAKBANKS). 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 OAKBANKS?

OAKBANKS is located on POND ROAD in WOKING, in the GU22 postcode district. The below map shows the position of OAKBANKS on POND ROAD.