2, GIPSY LANE, WOKINGHAM, RG40 2BP - £325,000

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

2 GIPSY LANE is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £325,000 in March 2010, which was around 21% below the average March 2010 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was E.

2 GIPSY LANE Sold Prices

Land registry data shows three sales for 2 GIPSY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 2 GIPSY LANE 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
2010 4 MAR	£325,000	£409,013	21% below HPI
2003 26 FEB	£254,500	£332,943	24% below HPI
1995 12 APR	£111,950	£128,659	13% below HPI

2 GIPSY LANE 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 three 2 GIPSY LANE sales between April 1995 and March 2010 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 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2010 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 GIPSY LANE?

2 GIPSY LANE is 69m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 2 GIPSY LANE lies on this distribution: 1% of detached houses are smaller than 2 GIPSY LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 GIPSY LANE: Plot and Title Map

2 GIPSY LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 GIPSY LANE, 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 GIPSY LANE). 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 GIPSY LANE?

2 GIPSY LANE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 2 on GIPSY LANE.