3, WELL CLOSE, WOKING, GU21 4PT - £561,500

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.

3 WELL CLOSE is a small extended semi-detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £644,450. It was last sold for £561,500 in November 2016, which was around 33% above the average November 2016 semi-detached price in the Woking local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

3 WELL CLOSE Sold Prices

Land registry data shows three sales for 3 WELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Woking local authority area for the corresponding sale date. All of the three 3 WELL 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
2016 11 NOV	£561,500	£423,756	33% above HPI
2015 19 MAY	£495,000	£368,754	34% above HPI
1995 21 APR	£96,000	£81,873	17% above HPI

3 WELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Woking local authority area over time, sourced from the HPI. The three 3 WELL CLOSE sales between April 1995 and November 2016 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 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3 WELL CLOSE be worth now?

3 WELL CLOSE might now be worth an estimated £644,450.

This is based on house price inflation of 14.8%, between November 2016 and May 2026, for semi-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 14.8% inflationary increase is applied to the most recent sale price for 3 WELL CLOSE of £561,500 on 11th November 2016. For the value to have increased from £561,500 to £644,450 over the ten years and six months to May 2026, the following assumptions must hold true:

• The value of 3 WELL CLOSE has moved in line with the HPI for semi-detached houses in the Woking local authority area.
• The November 2016 sale price of £561,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WELL CLOSE has not materially changed since November 2016.

How Large is 3 WELL CLOSE?

3 WELL CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of semi-detached houses houses in Woking, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Woking, and where 3 WELL CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 3 WELL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Woking.

3 WELL CLOSE: Plot and Title Map

3 WELL CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 WELL 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 3 WELL 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 3 WELL CLOSE?

3 WELL CLOSE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 3 on WELL CLOSE.