1, THE LEA, WOKINGHAM, RG40 4YB - £480,000

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 THE LEA is a very small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £480,000 in August 2015, which was around 15% below the average August 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

1 THE LEA Sold Prices

Land registry data shows two sales for 1 THE LEA 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 THE LEA 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
2015 5 AUG	£480,000	£562,405	15% below HPI
2007 7 JUN	£332,500	£411,837	19% below HPI

1 THE LEA 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 THE LEA sales from June 2007 and August 2015 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 June 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 THE LEA?

1 THE LEA is 96m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% 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 THE LEA lies on this distribution: 13% of detached houses are smaller than 1 THE LEA, and 87% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1 THE LEA: Plot and Title Map

1 THE LEA sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 1 THE LEA, 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 THE LEA). 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 THE LEA?

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