18, ERICA DRIVE, WOKINGHAM, RG40 2DU - £1,000,000

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

18 ERICA DRIVE is a very large extended detached house of 201m², built sometime between 1991 and 1995. It was last sold for £1,000,000 in November 2014, which was around 96% above the average November 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

18 ERICA DRIVE Sold Prices

Land registry data shows two sales for 18 ERICA DRIVE 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 18 ERICA DRIVE 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 14 NOV	£1,000,000	£510,369	96% above HPI
2004 8 JAN	£585,000	£335,948	74% above HPI

18 ERICA 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 two 18 ERICA DRIVE sales from January 2004 and November 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 January 2004 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the November 2014 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is 18 ERICA DRIVE?

18 ERICA DRIVE is 201m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 18 ERICA DRIVE lies on this distribution: 87% of detached houses are smaller than 18 ERICA DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

18 ERICA DRIVE: Plot and Title Map

18 ERICA DRIVE sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 18 ERICA 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 18 ERICA 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 18 ERICA DRIVE?

18 ERICA DRIVE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 18 on ERICA DRIVE.