15, MAGNOLIA WAY, WOKINGHAM, RG41 4BN - £635,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 MAGNOLIA WAY is a small extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £635,000 in October 2023, which was around 14% below the average October 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

15 MAGNOLIA WAY Sold Prices

Land registry data shows three sales for 15 MAGNOLIA WAY 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 15 MAGNOLIA WAY sales were for below the average price, whilst one was 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
2023 19 OCT	£635,000	£736,923	14% below HPI
1997 29 SEP	£169,950	£163,160	4% above HPI
1996 31 MAY	£126,000	£132,573	5% below HPI

15 MAGNOLIA WAY 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 15 MAGNOLIA WAY sales between May 1996 and October 2023 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 September 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 MAGNOLIA WAY?

15 MAGNOLIA WAY is 114m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 15 MAGNOLIA WAY lies on this distribution: 29% of detached houses are smaller than 15 MAGNOLIA WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

15 MAGNOLIA WAY: Plot and Title Map

15 MAGNOLIA WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 15 MAGNOLIA WAY, 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 15 MAGNOLIA WAY). 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 15 MAGNOLIA WAY?

15 MAGNOLIA WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 15 on MAGNOLIA WAY.