2, GILBERT WAY, FINCHAMPSTEAD, WOKINGHAM, RG40 4HJ - £300,000

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

2 GILBERT WAY is a very large detached house of 205m², built sometime between 1996 and 2002, which could now be worth an estimated £1,173,732. It was last sold for £300,000 in April 1999, which was around 51% above the average April 1999 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

2 GILBERT WAY Sold Prices

Land registry data shows two sales for 2 GILBERT 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. Both of the two 2 GILBERT WAY 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
1999 7 APR	£300,000	£198,535	51% above HPI
1997 22 DEC	£250,000	£176,393	42% above HPI

2 GILBERT 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 2 GILBERT WAY sales from December 1997 and April 1999 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 December 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 1999 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 2 GILBERT WAY be worth now?

2 GILBERT WAY might now be worth an estimated £1,173,732.

This is based on house price inflation of 291.2%, between April 1999 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 291.2% inflationary increase is applied to the most recent sale price for 2 GILBERT WAY of £300,000 on 7th April 1999. For the value to have increased from £300,000 to £1,173,732 over the 26 years and two months to February 2025, the following assumptions must hold true:

• The value of 2 GILBERT WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The April 1999 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GILBERT WAY has not materially changed since April 1999.

How Large is 2 GILBERT WAY?

2 GILBERT WAY is 205m² according to the EPC inspection conducted in May 2010. This puts it in the largest 20% 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 2 GILBERT WAY lies on this distribution: 88% of detached houses houses are smaller than 2 GILBERT WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 GILBERT WAY: Plot and Title Map

2 GILBERT WAY sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 2 GILBERT 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 2 GILBERT 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 2 GILBERT WAY?

2 GILBERT WAY is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 2 on GILBERT WAY.