5, WELL LANE, WOKING, GU21 4PL - £500,000

5 WELL LANE is a small extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £500,000 in November 2013, which was around 20% below the average November 2013 detached price in the Woking local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

5 WELL LANE Sold Prices

Land registry data shows two sales for 5 WELL LANE 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 5 WELL LANE 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
2013 25 NOV	£500,000	£623,623	20% below HPI
1996 12 DEC	£116,000	£177,787	35% below HPI

5 WELL LANE 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 5 WELL LANE sales from December 1996 and November 2013 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 December 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 WELL LANE?

5 WELL LANE is 118m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 5 WELL LANE lies on this distribution: 35% of detached houses are smaller than 5 WELL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Woking.

5 WELL LANE: Plot and Title Map

5 WELL LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 5 WELL LANE, 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 5 WELL LANE). 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 5 WELL LANE?

5 WELL LANE is located in WOKING, in the GU21 postcode district. The below map shows the position of No. 5 on WELL LANE.