47, THE RIDING, WOKING, GU21 5TA - £1,130,000

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.

47 THE RIDING is a very large extended detached house of 215m², built sometime between 1950 and 1966, which could now be worth an estimated £1,236,730. It was last sold for £1,130,000 in August 2020, which was around 31% above the average August 2020 detached price in the Woking local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was D.

47 THE RIDING Sold Prices

Land registry data shows five sales for 47 THE RIDING since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Woking local authority area for the corresponding sale date. Most of the five 47 THE RIDING 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
2020 27 AUG	£1,130,000	£861,331	31% above HPI
2013 28 JUN	£725,000	£594,930	22% above HPI
2004 15 JUN	£620,000	£436,479	42% above HPI
2003 28 MAY	£375,000	£418,152	10% below HPI
1995 16 JUN	£176,000	£161,144	9% above HPI

47 THE RIDING 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 five 47 THE RIDING sales between June 1995 and August 2020 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 June 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 47 THE RIDING be worth now?

47 THE RIDING might now be worth an estimated £1,236,730.

This is based on house price inflation of 9.4%, between August 2020 and June 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 9.4% inflationary increase is applied to the most recent sale price for 47 THE RIDING of £1,130,000 on 27th August 2020. For the value to have increased from £1,130,000 to £1,236,730 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 47 THE RIDING has moved in line with the HPI for detached houses in the Woking local authority area.
• The August 2020 sale price of £1,130,000 represented a fair market value for the property.
• The size, condition, and specification of 47 THE RIDING has not materially changed since August 2020.

How Large is 47 THE RIDING?

47 THE RIDING is 215m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% 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 47 THE RIDING lies on this distribution: 81% of detached houses houses are smaller than 47 THE RIDING, and 19% of houses are larger. Note that EPC data is not available for all properties in Woodham.

47 THE RIDING: Plot and Title Map

47 THE RIDING sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 47 THE RIDING, 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 47 THE RIDING). 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 47 THE RIDING?

47 THE RIDING is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 47 on THE RIDING.