20, ORWELL DRIVE, ARBORFIELD GREEN, READING, RG2 9US - £515,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 ORWELL DRIVE is a small detached house of 110m², which could now be worth an estimated £604,835. It was last sold for £515,000 in June 2021, which was around 22% below the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

20 ORWELL DRIVE Sold Prices

Land registry data shows two sales for 20 ORWELL 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 20 ORWELL 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
2021 28 JUN	£515,000	£661,386	22% below HPI
2018 22 JUN	£524,950	£636,482	18% below HPI

20 ORWELL 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 20 ORWELL DRIVE sales from June 2018 and June 2021 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 June 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 20 ORWELL DRIVE be worth now?

20 ORWELL DRIVE might now be worth an estimated £604,835.

This is based on house price inflation of 17.4%, between June 2021 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 17.4% inflationary increase is applied to the most recent sale price for 20 ORWELL DRIVE of £515,000 on 28th June 2021. For the value to have increased from £515,000 to £604,835 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 20 ORWELL DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The June 2021 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 20 ORWELL DRIVE has not materially changed since June 2021.

How Large is 20 ORWELL DRIVE?

20 ORWELL DRIVE is 110m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arborfield Garrison, and where 20 ORWELL DRIVE lies on this distribution: 37% of detached houses houses are smaller than 20 ORWELL DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

20 ORWELL DRIVE: Plot and Title Map

20 ORWELL DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 20 ORWELL 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 20 ORWELL 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 20 ORWELL DRIVE?

20 ORWELL DRIVE is located in ARBORFIELD GREEN, in the RG2 postcode district. The below map shows the position of No. 20 on ORWELL DRIVE.