1, MILTON DRIVE, WOKINGHAM, RG40 1ER - £490,000

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 MILTON DRIVE is a small extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £490,000 in August 2012, which was around 17% above the average August 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

1 MILTON DRIVE Sold Prices

Land registry data shows three sales for 1 MILTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Two of the three 1 MILTON DRIVE sales were for above the average price, whilst one was 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 17 AUG	£490,000	£418,221	17% above HPI
2006 10 AUG	£405,000	£375,632	8% above HPI
2003 12 NOV	£275,000	£332,549	17% below HPI

1 MILTON 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 three 1 MILTON DRIVE sales between November 2003 and August 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 August 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2012 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 1 MILTON DRIVE?

1 MILTON DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% 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 MILTON DRIVE lies on this distribution: 32% of detached houses are smaller than 1 MILTON DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1 MILTON DRIVE: Plot and Title Map

1 MILTON DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 1 MILTON 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 MILTON 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 MILTON DRIVE?

1 MILTON DRIVE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 1 on MILTON DRIVE.