RANELAGH, VIGGORY LANE, WOKING, GU21 4XH - £550,000

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.

RANELAGH is a very small extended detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £646,317. It was last sold for £550,000 in June 2019, which was around 33% below the average June 2019 detached price in the Woking local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

RANELAGH Sold Prices

Land registry data shows two sales for RANELAGH 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 RANELAGH 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
2019 7 JUN	£550,000	£821,135	33% below HPI
2002 5 JUL	£270,000	£391,640	31% below HPI

RANELAGH 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 RANELAGH sales from July 2002 and June 2019 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 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might RANELAGH be worth now?

RANELAGH might now be worth an estimated £646,317.

This is based on house price inflation of 17.5%, between June 2019 and February 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 17.5% inflationary increase is applied to the most recent sale price for RANELAGH of £550,000 on 7th June 2019. For the value to have increased from £550,000 to £646,317 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of RANELAGH has moved in line with the HPI for detached houses in the Woking local authority area.
• The June 2019 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of RANELAGH has not materially changed since June 2019.

How Large is RANELAGH?

RANELAGH is 65m², which includes one extension, according to the EPC inspection conducted in March 2018. 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 RANELAGH lies on this distribution: 2% of detached houses houses are smaller than RANELAGH, and 98% of houses are larger. Note that EPC data is not available for all properties in Woking.

RANELAGH: Plot and Title Map

RANELAGH sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of RANELAGH, 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 RANELAGH). 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 RANELAGH?

RANELAGH is located on VIGGORY LANE in WOKING, in the GU21 postcode district. The below map shows the position of RANELAGH on VIGGORY LANE.