3, WHEATFIELDS ROAD, SHINFIELD, READING, RG2 9DG - £612,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 WHEATFIELDS ROAD is a small extended detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £637,628. It was last sold for £612,000 in July 2024, which was around 17% below the average July 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

3 WHEATFIELDS ROAD Sold Prices

Land registry data shows two sales for 3 WHEATFIELDS ROAD 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 3 WHEATFIELDS ROAD 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
2024 8 JUL	£612,000	£738,744	17% below HPI
1996 18 OCT	£114,000	£143,240	20% below HPI

3 WHEATFIELDS ROAD 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 3 WHEATFIELDS ROAD sales from October 1996 and July 2024 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 October 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 WHEATFIELDS ROAD be worth now?

3 WHEATFIELDS ROAD might now be worth an estimated £637,628.

This is based on house price inflation of 4.2%, between July 2024 and December 2024, 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 4.2% inflationary increase is applied to the most recent sale price for 3 WHEATFIELDS ROAD of £612,000 on 8th July 2024. For the value to have increased from £612,000 to £637,628 over the seven months to December 2024, the following assumptions must hold true:

• The value of 3 WHEATFIELDS ROAD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2024 sale price of £612,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEATFIELDS ROAD has not materially changed since July 2024.

How Large is 3 WHEATFIELDS ROAD?

3 WHEATFIELDS ROAD is 120m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses houses in Shinfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shinfield, and where 3 WHEATFIELDS ROAD lies on this distribution: 40% of detached houses houses are smaller than 3 WHEATFIELDS ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

3 WHEATFIELDS ROAD: Plot and Title Map

3 WHEATFIELDS ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 WHEATFIELDS ROAD, 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 3 WHEATFIELDS ROAD). 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 3 WHEATFIELDS ROAD?

3 WHEATFIELDS ROAD is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 3 on WHEATFIELDS ROAD.