1, MAGNOLIA WAY, WOKINGHAM, RG41 4BN - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MAGNOLIA WAY is a large extended detached house of 159m², built sometime between 1976 and 1982. It was last sold for £500,000 in April 2014, which was around 6% above the average April 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was C.

1 MAGNOLIA WAY Sold Prices

Land registry data shows two sales for 1 MAGNOLIA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 1 MAGNOLIA WAY 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
2014 30 APR	£500,000	£471,855	6% above HPI
2003 29 APR	£385,000	£330,442	17% above HPI

1 MAGNOLIA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 1 MAGNOLIA WAY sales from April 2003 and April 2014 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 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 1 MAGNOLIA WAY?

1 MAGNOLIA WAY is 159m², which includes four extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 1 MAGNOLIA WAY lies on this distribution: 69% of detached houses are smaller than 1 MAGNOLIA WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1 MAGNOLIA WAY: Plot and Title Map

1 MAGNOLIA WAY sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 1 MAGNOLIA WAY, 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 1 MAGNOLIA WAY). 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 1 MAGNOLIA WAY?

1 MAGNOLIA WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 1 on MAGNOLIA WAY.