RUSSETS, COLLEGE LANE, WOKING, GU22 0EW - £675,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

RUSSETS is a large extended detached house of 196m², built sometime from 2007 onwards. It was last sold for £675,000 in December 2019, which was around 20% below the average December 2019 detached price in the Woking local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was B.

RUSSETS Sold Prices

Land registry data shows three sales for RUSSETS 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. Two of the three RUSSETS sales were for below the average price, whilst one was 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
2019 19 DEC	£675,000	£845,904	20% below HPI
2012 15 JUN	£485,000	£589,753	18% below HPI
2009 5 JUN	£470,000	£466,176	1% above HPI

RUSSETS 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 RUSSETS sales between June 2009 and December 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 June 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is RUSSETS?

RUSSETS is 196m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 RUSSETS lies on this distribution: 80% of detached houses are smaller than RUSSETS, and 20% of houses are larger. Note that EPC data is not available for all properties in Woking.

RUSSETS: Plot and Title Map

RUSSETS sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of RUSSETS, 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 RUSSETS). 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 RUSSETS?

RUSSETS is located on COLLEGE LANE in WOKING, in the GU22 postcode district. The below map shows the position of RUSSETS on COLLEGE LANE.