56, OLD SCHOOL PLACE, WOKING, GU22 9LY - £525,000

56 OLD SCHOOL PLACE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £525,000 in May 2022, which was around 44% below the average May 2022 detached price in the Woking local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

56 OLD SCHOOL PLACE Sold Prices

Land registry data shows three sales for 56 OLD SCHOOL PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Woking local authority area for the corresponding sale date. All of the three 56 OLD SCHOOL PLACE 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
2022 20 MAY	£525,000	£945,111	44% below HPI
2013 12 SEP	£319,950	£613,648	48% below HPI
1998 30 OCT	£133,000	£249,039	47% below HPI

56 OLD SCHOOL PLACE 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 three 56 OLD SCHOOL PLACE sales between October 1998 and May 2022 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 September 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2022 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 56 OLD SCHOOL PLACE?

56 OLD SCHOOL PLACE is 74m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where 56 OLD SCHOOL PLACE lies on this distribution: 5% of detached houses are smaller than 56 OLD SCHOOL PLACE, and 95% of houses are larger. Note that EPC data is not available for all properties in Woking.

56 OLD SCHOOL PLACE: Plot and Title Map

56 OLD SCHOOL PLACE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 56 OLD SCHOOL PLACE, 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 56 OLD SCHOOL PLACE). 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 56 OLD SCHOOL PLACE?

56 OLD SCHOOL PLACE is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 56 on OLD SCHOOL PLACE.