PENRITH, BALFOUR AVENUE, WOKING, GU22 9NX - £467,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENRITH is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £505,901. It was last sold for £467,500 in April 2021, which was around 46% below the average April 2021 detached price in the Woking local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

PENRITH Sold Prices

Land registry data shows two sales for PENRITH 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 PENRITH 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
2021 1 APR	£467,500	£858,175	46% below HPI
2005 10 JUN	£285,000	£453,248	37% below HPI

PENRITH 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 PENRITH sales from June 2005 and April 2021 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 June 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might PENRITH be worth now?

PENRITH might now be worth an estimated £505,901.

This is based on house price inflation of 8.2%, between April 2021 and December 2024, 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 8.2% inflationary increase is applied to the most recent sale price for PENRITH of £467,500 on 1st April 2021. For the value to have increased from £467,500 to £505,901 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of PENRITH has moved in line with the HPI for detached houses in the Woking local authority area.
• The April 2021 sale price of £467,500 represented a fair market value for the property.
• The size, condition, and specification of PENRITH has not materially changed since April 2021.

How Large is PENRITH?

PENRITH is 78m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 PENRITH lies on this distribution: 6% of detached houses houses are smaller than PENRITH, and 93% of houses are larger. Note that EPC data is not available for all properties in Woking.

PENRITH: Plot and Title Map

PENRITH sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of PENRITH, 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 PENRITH). 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 PENRITH?

PENRITH is located on BALFOUR AVENUE in WOKING, in the GU22 postcode district. The below map shows the position of PENRITH on BALFOUR AVENUE.