SERENDIPITY, SOUTH ROAD, WOKING, GU21 4LB - £650,000

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

SERENDIPITY is a small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £650,000 in December 2014, which was around 10% below the average December 2014 detached price in the Woking local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

SERENDIPITY Sold Prices

Land registry data shows four sales for SERENDIPITY 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 SERENDIPITY 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
2014 5 DEC	£650,000	£725,599	10% below HPI
2013 25 NOV	£399,950	£623,623	36% below HPI
2005 4 FEB	£275,000	£446,660	38% below HPI
2001 21 AUG	£212,500	£349,566	39% below HPI

SERENDIPITY 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 SERENDIPITY sales between August 2001 and December 2014 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 November 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is SERENDIPITY?

SERENDIPITY is 112m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 SERENDIPITY lies on this distribution: 30% of detached houses are smaller than SERENDIPITY, and 69% of houses are larger. Note that EPC data is not available for all properties in Woking.

SERENDIPITY: Plot and Title Map

SERENDIPITY sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of SERENDIPITY, 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 SERENDIPITY). 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 SERENDIPITY?

SERENDIPITY is located on SOUTH ROAD in WOKING, in the GU21 postcode district. The below map shows the position of SERENDIPITY on SOUTH ROAD.