MERRILEA, IVY LANE, WOKING, GU22 7BY - £932,500

MERRILEA is a large detached house of 194m², built sometime between 1991 and 1995. It was last sold for £932,500 in June 2018, which was around 12% above the average June 2018 detached price in the Woking local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

MERRILEA Sold Prices

Land registry data shows two sales for MERRILEA 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 MERRILEA 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
2018 4 JUN	£932,500	£832,813	12% above HPI
2013 5 APR	£750,000	£580,637	29% above HPI

MERRILEA 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 MERRILEA sales from April 2013 and June 2018 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 April 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is MERRILEA?

MERRILEA is 194m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where MERRILEA lies on this distribution: 79% of detached houses are smaller than MERRILEA, and 21% of houses are larger. Note that EPC data is not available for all properties in Woking.

MERRILEA: Plot and Title Map

MERRILEA sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of MERRILEA, 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 MERRILEA). 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 MERRILEA?

MERRILEA is located on IVY LANE in WOKING, in the GU22 postcode district. The below map shows the position of MERRILEA on IVY LANE.