2, SHERIDAN WAY, WOKINGHAM, RG41 3AP - £465,000

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 SHERIDAN WAY is a midsized extended detached house of 128m², built sometime between 1983 and 1990. It was last sold for £465,000 in September 2015, which was around 18% below the average September 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 SHERIDAN WAY Sold Prices

Land registry data shows four sales for 2 SHERIDAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 2 SHERIDAN WAY 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
2015 2 SEP	£465,000	£570,090	18% below HPI
2009 27 FEB	£295,000	£366,588	20% below HPI
2003 18 JUL	£286,000	£331,707	14% below HPI
1996 12 DEC	£122,000	£140,465	13% below HPI

2 SHERIDAN 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 four 2 SHERIDAN WAY sales between December 1996 and September 2015 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 SHERIDAN WAY?

2 SHERIDAN WAY is 128m², which includes two extensions, according to the EPC inspection conducted in May 2015. 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 SHERIDAN WAY lies on this distribution: 44% of detached houses are smaller than 2 SHERIDAN WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 SHERIDAN WAY: Plot and Title Map

2 SHERIDAN WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 SHERIDAN 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 SHERIDAN 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 SHERIDAN WAY?

2 SHERIDAN WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 2 on SHERIDAN WAY.