18, PAYLEY DRIVE, WOKINGHAM, RG40 5YW - £336,000

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 PAYLEY DRIVE is a small extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £336,000 in July 2006, which was around 9% below the average July 2006 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

18 PAYLEY DRIVE Sold Prices

Land registry data shows two sales for 18 PAYLEY 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 PAYLEY DRIVE 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
2006 25 JUL	£336,000	£368,194	9% below HPI
2000 18 FEB	£227,500	£241,982	6% below HPI

18 PAYLEY 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 PAYLEY DRIVE sales from February 2000 and July 2006 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 February 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2006 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 PAYLEY DRIVE?

18 PAYLEY DRIVE is 115m², which includes two extensions, according to the EPC inspection conducted in October 2008. 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 18 PAYLEY DRIVE lies on this distribution: 30% of detached houses are smaller than 18 PAYLEY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

18 PAYLEY DRIVE: Plot and Title Map

18 PAYLEY DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 18 PAYLEY 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 PAYLEY 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 PAYLEY DRIVE?

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