12, DRAKES WAY, WOKING, GU22 0NX - £700,000

12 DRAKES WAY is a small detached house of 122m², built sometime between 1976 and 1982. It was last sold for £700,000 in September 2018, which was around 16% below the average September 2018 detached price in the Woking local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

12 DRAKES WAY Sold Prices

Land registry data shows two sales for 12 DRAKES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Woking local authority area for the corresponding sale date. Both of the two 12 DRAKES WAY 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 6 SEP	£700,000	£837,651	16% below HPI
2014 27 NOV	£580,000	£712,964	19% below HPI

12 DRAKES WAY 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 two 12 DRAKES WAY sales from November 2014 and September 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 November 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 DRAKES WAY?

12 DRAKES WAY is 122m² according to the EPC inspection conducted in June 2018. 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 12 DRAKES WAY lies on this distribution: 39% of detached houses are smaller than 12 DRAKES WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Woking.

12 DRAKES WAY: Plot and Title Map

12 DRAKES WAY sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 12 DRAKES WAY, 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 12 DRAKES WAY). 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 12 DRAKES WAY?

12 DRAKES WAY is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 12 on DRAKES WAY.