THE STUDIO, GROVE ROAD, HINDHEAD, GU26 6QP - £635,000

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 STUDIO is a midsized detached house of 162m², built sometime between 1967 and 1975. It was last sold for £635,000 in August 2018, which was around 18% below the average August 2018 detached price in the Waverley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

THE STUDIO Sold Prices

Land registry data shows two sales for THE STUDIO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two THE STUDIO 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
2018 23 AUG	£635,000	£779,054	18% below HPI
2014 8 AUG	£355,000	£609,824	42% below HPI

THE STUDIO Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two THE STUDIO sales from August 2014 and August 2018 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 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE STUDIO?

THE STUDIO is 162m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Beacon Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Beacon Hill, and where THE STUDIO lies on this distribution: 56% of detached houses are smaller than THE STUDIO, and 43% of houses are larger. Note that EPC data is not available for all properties in Beacon Hill.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of THE STUDIO, 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 STUDIO). 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 STUDIO?

THE STUDIO is located on GROVE ROAD in HINDHEAD, in the GU26 postcode district. The below map shows the position of THE STUDIO on GROVE ROAD.