12, PAYLEY DRIVE, WOKINGHAM, RG40 5YW - £410,000

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.

12 PAYLEY DRIVE is a small extended detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £751,867. It was last sold for £410,000 in April 2011, which was around 3% below the average April 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

12 PAYLEY DRIVE Sold Prices

Land registry data shows three sales for 12 PAYLEY 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. All of the three 12 PAYLEY 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
2011 15 APR	£410,000	£423,572	3% below HPI
2004 2 JUL	£305,000	£355,370	14% below HPI
1998 20 MAR	£160,000	£181,104	12% below HPI

12 PAYLEY 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 12 PAYLEY DRIVE sales between March 1998 and April 2011 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 July 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2011 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 PAYLEY DRIVE be worth now?

12 PAYLEY DRIVE might now be worth an estimated £751,867.

This is based on house price inflation of 83.4%, between April 2011 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 83.4% inflationary increase is applied to the most recent sale price for 12 PAYLEY DRIVE of £410,000 on 15th April 2011. For the value to have increased from £410,000 to £751,867 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 12 PAYLEY DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The April 2011 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PAYLEY DRIVE has not materially changed since April 2011.

How Large is 12 PAYLEY DRIVE?

12 PAYLEY DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where 12 PAYLEY DRIVE lies on this distribution: 29% of detached houses houses are smaller than 12 PAYLEY DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

12 PAYLEY DRIVE: Plot and Title Map

12 PAYLEY DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 12 PAYLEY 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 12 PAYLEY 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 12 PAYLEY DRIVE?

12 PAYLEY DRIVE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 12 on PAYLEY DRIVE.