1, MERRIL DRIVE, WINNERSH, WOKINGHAM, RG41 5RS - £680,000

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.

1 MERRIL DRIVE is a large detached house of 140m², which could now be worth an estimated £772,758. It was last sold for £680,000 in September 2021, which was around 1% below the average September 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

1 MERRIL DRIVE Sold Prices

Land registry data shows two sales for 1 MERRIL DRIVE 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 MERRIL DRIVE 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
2021 15 SEP	£680,000	£683,518	1% below HPI
2016 21 DEC	£635,000	£644,903	2% below HPI

1 MERRIL DRIVE 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 MERRIL DRIVE sales from December 2016 and September 2021 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 December 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 MERRIL DRIVE be worth now?

1 MERRIL DRIVE might now be worth an estimated £772,758.

This is based on house price inflation of 13.6%, between September 2021 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for 1 MERRIL DRIVE of £680,000 on 15th September 2021. For the value to have increased from £680,000 to £772,758 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 MERRIL DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2021 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERRIL DRIVE has not materially changed since September 2021.

How Large is 1 MERRIL DRIVE?

1 MERRIL DRIVE is 140m² according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses houses in Winnersh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winnersh, and where 1 MERRIL DRIVE lies on this distribution: 62% of detached houses houses are smaller than 1 MERRIL DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Winnersh.

1 MERRIL DRIVE: Plot and Title Map

1 MERRIL DRIVE sits on a plot of roughly 1.0 acres, or 4,179m². The below map shows the location of 1 MERRIL DRIVE, 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 MERRIL DRIVE). 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 MERRIL DRIVE?

1 MERRIL DRIVE is located in WINNERSH, in the RG41 postcode district. The below map shows the position of No. 1 on MERRIL DRIVE.