22, PAYLEY DRIVE, WOKINGHAM, RG40 5YW - £440,000

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

22 PAYLEY DRIVE is a large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £440,000 in April 2004, which was around 33% above the average April 2004 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was B.

22 PAYLEY DRIVE Sold Prices

Land registry data shows two sales for 22 PAYLEY 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 22 PAYLEY DRIVE 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
2004 23 APR	£440,000	£331,316	33% above HPI
1998 31 JUL	£234,950	£183,358	28% above HPI

22 PAYLEY 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 22 PAYLEY DRIVE sales from July 1998 and April 2004 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 July 1998 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2004 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 22 PAYLEY DRIVE?

22 PAYLEY DRIVE is 150m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 22 PAYLEY DRIVE lies on this distribution: 63% of detached houses are smaller than 22 PAYLEY DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

22 PAYLEY DRIVE: Plot and Title Map

22 PAYLEY DRIVE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 22 PAYLEY 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 22 PAYLEY 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 22 PAYLEY DRIVE?

22 PAYLEY DRIVE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 22 on PAYLEY DRIVE.