15, SPENCER CLOSE, WOKING, GU21 5QH - £363,000

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.

15 SPENCER CLOSE is a very small extended terraced house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £410,706. It was last sold for £363,000 in May 2018, which was around 6% above the average May 2018 terraced price in the Woking local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

15 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 15 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Woking local authority area for the corresponding sale date. One of the two 15 SPENCER CLOSE sales was for above the average price, whilst the other was 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 MAY	£363,000	£342,278	6% above HPI
2007 9 JUL	£193,000	£226,320	15% below HPI

15 SPENCER 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 two 15 SPENCER CLOSE sales from July 2007 and May 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 July 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 15 SPENCER CLOSE be worth now?

15 SPENCER CLOSE might now be worth an estimated £410,706.

This is based on house price inflation of 13.1%, between May 2018 and June 2025, 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 13.1% inflationary increase is applied to the most recent sale price for 15 SPENCER CLOSE of £363,000 on 23rd May 2018. For the value to have increased from £363,000 to £410,706 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 SPENCER CLOSE has moved in line with the HPI for terraced houses in the Woking local authority area.
• The May 2018 sale price of £363,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPENCER CLOSE has not materially changed since May 2018.

How Large is 15 SPENCER CLOSE?

15 SPENCER CLOSE is 68m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of terraced houses houses in Sheerwater, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sheerwater, and where 15 SPENCER CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 SPENCER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sheerwater.

15 SPENCER CLOSE: Plot and Title Map

15 SPENCER CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 15 SPENCER 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 15 SPENCER 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 15 SPENCER CLOSE?

15 SPENCER CLOSE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 15 on SPENCER CLOSE.