12, MIDHOPE CLOSE, WOKING, GU22 7UF - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MIDHOPE CLOSE is a very small terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £474,958. It was last sold for £475,000 in June 2022, which was around 24% above the average June 2022 terraced price in the Woking local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 MIDHOPE CLOSE Sold Prices

Land registry data shows four sales for 12 MIDHOPE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Woking local authority area for the corresponding sale date. All of the four 12 MIDHOPE CLOSE sales were 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
2022 30 JUN	£475,000	£384,012	24% above HPI
2020 27 AUG	£410,000	£348,316	18% above HPI
2009 20 MAR	£226,000	£193,550	17% above HPI
1996 4 JUL	£94,000	£65,808	43% above HPI

12 MIDHOPE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Woking local authority area over time, sourced from the HPI. The four 12 MIDHOPE CLOSE sales between July 1996 and June 2022 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 2020 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 12 MIDHOPE CLOSE be worth now?

12 MIDHOPE CLOSE might now be worth an estimated £474,958.

This is based on house price deflation of 0%, between June 2022 and May 2026, for terraced houses, in the Woking local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% deflationary decrease is applied to the most recent sale price for 12 MIDHOPE CLOSE of £475,000 on 30th June 2022. For the value to have decreased from £475,000 to £474,958 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 12 MIDHOPE CLOSE has moved in line with the HPI for terraced houses in the Woking local authority area.
• The June 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MIDHOPE CLOSE has not materially changed since June 2022.

How Large is 12 MIDHOPE CLOSE?

12 MIDHOPE CLOSE is 78m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of terraced houses houses in Woking, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Woking, and where 12 MIDHOPE CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 12 MIDHOPE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Woking.

12 MIDHOPE CLOSE: Plot and Title Map

12 MIDHOPE CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 12 MIDHOPE CLOSE, 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 MIDHOPE CLOSE). 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 MIDHOPE CLOSE?

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