PIN MILL, HEATHFIELD ROAD, WOKING, GU22 7JJ - £1,050,000

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

PIN MILL is a large detached house of 170m², built sometime between 1976 and 1982. It was last sold for £1,050,000 in October 2020, which was around 20% above the average October 2020 detached price in the Woking local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

PIN MILL Sold Prices

Land registry data shows two sales for PIN MILL 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 PIN MILL 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
2020 28 OCT	£1,050,000	£877,885	20% above HPI
2016 5 AUG	£860,000	£812,149	6% above HPI

PIN MILL 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 PIN MILL sales from August 2016 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 August 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is PIN MILL?

PIN MILL is 170m² according to the EPC inspection conducted in December 2014. This puts it in the largest 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 PIN MILL lies on this distribution: 70% of detached houses are smaller than PIN MILL, and 30% of houses are larger. Note that EPC data is not available for all properties in Woking.

PIN MILL: Plot and Title Map

PIN MILL sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of PIN MILL, 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 PIN MILL). 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 PIN MILL?

PIN MILL is located on HEATHFIELD ROAD in WOKING, in the GU22 postcode district. The below map shows the position of PIN MILL on HEATHFIELD ROAD.