1, REDLANDS PLACE, WOKINGHAM, RG41 4ED - £900,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 REDLANDS PLACE is a large extended detached house of 178m², built sometime between 1996 and 2002. It was last sold for £900,000 in January 2016, which was around 53% above the average January 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

1 REDLANDS PLACE Sold Prices

Land registry data shows three sales for 1 REDLANDS PLACE 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. All of the three 1 REDLANDS PLACE 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
2016 5 JAN	£900,000	£587,215	53% above HPI
2005 26 APR	£560,000	£347,040	61% above HPI
1996 10 APR	£241,000	£132,283	82% above HPI

1 REDLANDS PLACE 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 REDLANDS PLACE sales between April 1996 and January 2016 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 2005 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2016 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 1 REDLANDS PLACE?

1 REDLANDS PLACE is 178m², which includes one extension, according to the EPC inspection conducted in November 2011. 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 REDLANDS PLACE lies on this distribution: 80% of detached houses are smaller than 1 REDLANDS PLACE, and 20% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1 REDLANDS PLACE: Plot and Title Map

1 REDLANDS PLACE sits on a plot of roughly 0.270 of an acre, or 1,095m². The below map shows the location of 1 REDLANDS PLACE, 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 REDLANDS PLACE). 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 REDLANDS PLACE?

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