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 PAICE GREEN is a midsized extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £500,051 in July 2017, which was around 19% below the average July 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 PAICE GREEN since 1st 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 PAICE GREEN 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 |
---|---|---|---|
2017 28 JUL | £500,051 | £614,226 | 19% below HPI |
2008 12 AUG | £295,000 | £425,457 | 31% below HPI |
1999 22 OCT | £162,500 | £213,472 | 24% below HPI |
The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 2 PAICE GREEN sales between October 1999 and July 2017 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 August 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
2 PAICE GREEN is 125m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% 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 PAICE GREEN lies on this distribution: 41% of detached houses are smaller than 2 PAICE GREEN, and 59% of houses are larger. Note that EPC data is not available for all properties in Wokingham.
2 PAICE GREEN sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 PAICE GREEN, 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 PAICE GREEN). 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.
2 PAICE GREEN is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 2 on PAICE GREEN.