2, SHEERWATER ROAD, WOKING, GU21 5TT - £685,000

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.

2 SHEERWATER ROAD is a small extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £788,353. It was last sold for £685,000 in August 2019, which was around 18% below the average August 2019 detached price in the Woking local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

2 SHEERWATER ROAD Sold Prices

Land registry data shows four sales for 2 SHEERWATER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the four 2 SHEERWATER ROAD 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
2019 30 AUG	£685,000	£838,431	18% below HPI
2009 5 AUG	£450,000	£487,976	8% below HPI
2004 28 APR	£355,000	£443,046	20% below HPI
1996 23 SEP	£154,000	£179,269	14% below HPI

2 SHEERWATER ROAD 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 four 2 SHEERWATER ROAD sales between September 1996 and August 2019 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 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 SHEERWATER ROAD be worth now?

2 SHEERWATER ROAD might now be worth an estimated £788,353.

This is based on house price inflation of 15.1%, between August 2019 and February 2025, for detached 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 15.1% inflationary increase is applied to the most recent sale price for 2 SHEERWATER ROAD of £685,000 on 30th August 2019. For the value to have increased from £685,000 to £788,353 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 2 SHEERWATER ROAD has moved in line with the HPI for detached houses in the Woking local authority area.
• The August 2019 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHEERWATER ROAD has not materially changed since August 2019.

How Large is 2 SHEERWATER ROAD?

2 SHEERWATER ROAD is 119m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Woodham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodham, and where 2 SHEERWATER ROAD lies on this distribution: 27% of detached houses houses are smaller than 2 SHEERWATER ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Woodham.

2 SHEERWATER ROAD: Plot and Title Map

2 SHEERWATER ROAD sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 2 SHEERWATER ROAD, 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 2 SHEERWATER ROAD). 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 2 SHEERWATER ROAD?

2 SHEERWATER ROAD is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 2 on SHEERWATER ROAD.