16, CHAUCER WAY, WOKINGHAM, RG41 3BG - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 CHAUCER WAY is a small extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £671,214. It was last sold for £550,000 in June 2018, which was around 14% below the average June 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

16 CHAUCER WAY Sold Prices

Land registry data shows four sales for 16 CHAUCER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Most of the four 16 CHAUCER WAY 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
2018 1 JUN	£550,000	£636,482	14% below HPI
2001 1 OCT	£265,000	£298,367	11% below HPI
1999 7 DEC	£235,000	£232,943	1% above HPI
1996 26 APR	£124,000	£136,393	9% below HPI

16 CHAUCER 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 four 16 CHAUCER WAY sales between April 1996 and June 2018 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 October 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 CHAUCER WAY be worth now?

16 CHAUCER WAY might now be worth an estimated £671,214.

This is based on house price inflation of 22%, between June 2018 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 22% inflationary increase is applied to the most recent sale price for 16 CHAUCER WAY of £550,000 on 1st June 2018. For the value to have increased from £550,000 to £671,214 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 16 CHAUCER WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The June 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHAUCER WAY has not materially changed since June 2018.

How Large is 16 CHAUCER WAY?

16 CHAUCER WAY is 122m², which includes four extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% 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 16 CHAUCER WAY lies on this distribution: 37% of detached houses houses are smaller than 16 CHAUCER WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

16 CHAUCER WAY: Plot and Title Map

16 CHAUCER WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 16 CHAUCER 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 16 CHAUCER 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 16 CHAUCER WAY?

16 CHAUCER WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 16 on CHAUCER WAY.