22, OLD HILL, WOKING, GU22 0DF - £710,000

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.

22 OLD HILL is a small extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £769,018. It was last sold for £710,000 in May 2021, which was around 17% below the average May 2021 detached price in the Woking local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

22 OLD HILL Sold Prices

Land registry data shows two sales for 22 OLD HILL 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 22 OLD HILL 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
2021 5 MAY	£710,000	£858,206	17% below HPI
2020 4 MAY	£455,000	£824,451	45% below HPI

22 OLD HILL 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 22 OLD HILL sales from May 2020 and May 2021 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 May 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 22 OLD HILL be worth now?

22 OLD HILL might now be worth an estimated £769,018.

This is based on house price inflation of 8.3%, between May 2021 and May 2026, 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 8.3% inflationary increase is applied to the most recent sale price for 22 OLD HILL of £710,000 on 5th May 2021. For the value to have increased from £710,000 to £769,018 over the five years to May 2026, the following assumptions must hold true:

• The value of 22 OLD HILL has moved in line with the HPI for detached houses in the Woking local authority area.
• The May 2021 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 22 OLD HILL has not materially changed since May 2021.

How Large is 22 OLD HILL?

22 OLD HILL is 119m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Woking, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woking, and where 22 OLD HILL lies on this distribution: 35% of detached houses houses are smaller than 22 OLD HILL, and 64% of houses are larger. Note that EPC data is not available for all properties in Woking.

22 OLD HILL: Plot and Title Map

22 OLD HILL sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 22 OLD HILL, 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 22 OLD HILL). 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 22 OLD HILL?

22 OLD HILL is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 22 on OLD HILL.