REMADI, ANCHOR HILL, KNAPHILL, WOKING, GU21 2HP - £417,000

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

REMADI is a very small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £472,105. It was last sold for £417,000 in December 2016, which was around 49% below the average December 2016 detached price in the Woking local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

REMADI Sold Prices

Land registry data shows four sales for REMADI 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 REMADI 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
2016 7 DEC	£417,000	£820,271	49% below HPI
2011 9 AUG	£276,000	£560,087	51% below HPI
2006 27 OCT	£277,000	£492,589	44% below HPI
2004 14 APR	£240,000	£443,046	46% below HPI

REMADI 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 REMADI sales between April 2004 and December 2016 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 2011 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2016 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might REMADI be worth now?

REMADI might now be worth an estimated £472,105.

This is based on house price inflation of 13.2%, between December 2016 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 13.2% inflationary increase is applied to the most recent sale price for REMADI of £417,000 on 7th December 2016. For the value to have increased from £417,000 to £472,105 over the eight years to December 2024, the following assumptions must hold true:

• The value of REMADI has moved in line with the HPI for detached houses in the Woking local authority area.
• The December 2016 sale price of £417,000 represented a fair market value for the property.
• The size, condition, and specification of REMADI has not materially changed since December 2016.

How Large is REMADI?

REMADI is 85m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 REMADI lies on this distribution: 10% of detached houses houses are smaller than REMADI, and 90% of houses are larger. Note that EPC data is not available for all properties in Woking.

REMADI: Plot and Title Map

REMADI sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of REMADI, 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 REMADI). 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 REMADI?

REMADI is located on ANCHOR HILL in KNAPHILL, in the GU21 postcode district. The below map shows the position of REMADI on ANCHOR HILL.