THE COIGN, BURY LANE, WOKING, GU21 4RP - £705,000

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

THE COIGN is a small detached house of 115m², built sometime between 1900 and 1929. It was last sold for £705,000 in June 2017, which was around 12% below the average June 2017 detached price in the Woking local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

THE COIGN Sold Prices

Land registry data shows three sales for THE COIGN 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. All of the three THE COIGN 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
2017 30 JUN	£705,000	£797,762	12% below HPI
2007 5 NOV	£489,000	£561,354	13% below HPI
1998 11 DEC	£220,000	£246,701	11% below HPI

THE COIGN 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 THE COIGN sales between December 1998 and June 2017 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 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE COIGN?

THE COIGN is 115m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where THE COIGN lies on this distribution: 33% of detached houses are smaller than THE COIGN, and 67% of houses are larger. Note that EPC data is not available for all properties in Woking.

THE COIGN: Plot and Title Map

THE COIGN sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of THE COIGN, 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 THE COIGN). 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 THE COIGN?

THE COIGN is located on BURY LANE in WOKING, in the GU21 postcode district. The below map shows the position of THE COIGN on BURY LANE.