HOLMER BANK, BURY LANE, WOKING, GU21 4RR - £400,000

HOLMER BANK is a very small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £400,000 in December 2012, which was around 31% below the average December 2012 detached price in the Woking local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

HOLMER BANK Sold Prices

Land registry data shows two sales for HOLMER BANK 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 HOLMER BANK 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
2012 12 DEC	£400,000	£576,031	31% below HPI
1997 21 NOV	£147,000	£210,110	30% below HPI

HOLMER BANK 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 HOLMER BANK sales from November 1997 and December 2012 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 November 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is HOLMER BANK?

HOLMER BANK is 99m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where HOLMER BANK lies on this distribution: 20% of detached houses are smaller than HOLMER BANK, and 80% of houses are larger. Note that EPC data is not available for all properties in Woking.

HOLMER BANK: Plot and Title Map

HOLMER BANK sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of HOLMER BANK, 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 HOLMER BANK). 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 HOLMER BANK?

HOLMER BANK is located on BURY LANE in WOKING, in the GU21 postcode district. The below map shows the position of HOLMER BANK on BURY LANE.