16, THE LEA, WOKINGHAM, RG40 4YB - £535,000

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

16 THE LEA is a large extended detached house of 150m², built sometime between 1983 and 1990. It was last sold for £535,000 in March 2014, which was around 15% above the average March 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

16 THE LEA Sold Prices

Land registry data shows two sales for 16 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 16 THE LEA sales were 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
2014 27 MAR	£535,000	£465,824	15% above HPI
2011 18 NOV	£455,000	£417,372	9% above HPI

16 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 16 THE LEA sales from November 2011 and March 2014 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 November 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 16 THE LEA?

16 THE LEA is 150m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 16 THE LEA lies on this distribution: 64% of detached houses are smaller than 16 THE LEA, and 36% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

16 THE LEA: Plot and Title Map

16 THE LEA sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 16 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 16 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 16 THE LEA?

16 THE LEA is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 16 on THE LEA.