8, MIDHOPE CLOSE, WOKING, GU22 7UF - £481,250

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.

8 MIDHOPE CLOSE is a very small terraced house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £469,849. It was last sold for £481,250 in January 2023, which was around 22% above the average January 2023 terraced price in the Woking local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 MIDHOPE CLOSE Sold Prices

Land registry data shows two sales for 8 MIDHOPE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Woking local authority area for the corresponding sale date. Both of the two 8 MIDHOPE 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
2023 5 JAN	£481,250	£393,295	22% above HPI
2016 5 AUG	£400,000	£334,184	20% above HPI

8 MIDHOPE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Woking local authority area over time, sourced from the HPI. The two 8 MIDHOPE CLOSE sales from August 2016 and January 2023 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 August 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 8 MIDHOPE CLOSE be worth now?

8 MIDHOPE CLOSE might now be worth an estimated £469,849.

This is based on house price deflation of 2.4%, between January 2023 and May 2026, for terraced 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 2.4% deflationary decrease is applied to the most recent sale price for 8 MIDHOPE CLOSE of £481,250 on 5th January 2023. For the value to have decreased from £481,250 to £469,849 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 MIDHOPE CLOSE has moved in line with the HPI for terraced houses in the Woking local authority area.
• The January 2023 sale price of £481,250 represented a fair market value for the property.
• The size, condition, and specification of 8 MIDHOPE CLOSE has not materially changed since January 2023.

How Large is 8 MIDHOPE CLOSE?

8 MIDHOPE CLOSE is 77m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of terraced houses houses in Woking, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Woking, and where 8 MIDHOPE CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 8 MIDHOPE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Woking.

8 MIDHOPE CLOSE: Plot and Title Map

8 MIDHOPE CLOSE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 8 MIDHOPE 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 8 MIDHOPE 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 8 MIDHOPE CLOSE?

8 MIDHOPE CLOSE is located in WOKING, in the GU22 postcode district. The below map shows the position of No. 8 on MIDHOPE CLOSE.