16, SHERIDAN WAY, WOKINGHAM, RG41 3AP - £317,500

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 SHERIDAN WAY is a small detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £722,209. It was last sold for £317,500 in August 2003, which was around 7% below the average August 2003 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

16 SHERIDAN WAY Sold Prices

Land registry data shows two sales for 16 SHERIDAN WAY 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. One of the two 16 SHERIDAN WAY sales was for below the average price, whilst the other 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
2003 11 AUG	£317,500	£341,480	7% below HPI
1995 15 MAR	£137,000	£134,496	2% above HPI

16 SHERIDAN 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 two 16 SHERIDAN WAY sales from March 1995 and August 2003 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 March 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2003 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 16 SHERIDAN WAY be worth now?

16 SHERIDAN WAY might now be worth an estimated £722,209.

This is based on house price inflation of 127.5%, between August 2003 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 127.5% inflationary increase is applied to the most recent sale price for 16 SHERIDAN WAY of £317,500 on 11th August 2003. For the value to have increased from £317,500 to £722,209 over the 22 years and six months to February 2025, the following assumptions must hold true:

• The value of 16 SHERIDAN WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2003 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SHERIDAN WAY has not materially changed since August 2003.

How Large is 16 SHERIDAN WAY?

16 SHERIDAN WAY is 119m² according to the EPC inspection conducted in November 2021. 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 SHERIDAN WAY lies on this distribution: 33% of detached houses houses are smaller than 16 SHERIDAN WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

16 SHERIDAN WAY: Plot and Title Map

16 SHERIDAN WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 16 SHERIDAN 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 SHERIDAN 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 SHERIDAN WAY?

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