31, MARTINS DRIVE, WOKINGHAM, RG41 1NY - £870,000

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

31 MARTINS DRIVE is a very large extended detached house of 234m², built sometime between 1976 and 1982. It was last sold for £870,000 in September 2015, which was around 53% above the average September 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

31 MARTINS DRIVE Sold Prices

Land registry data shows two sales for 31 MARTINS 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 31 MARTINS 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
2015 1 SEP	£870,000	£570,090	53% above HPI
2002 23 JUL	£475,000	£307,812	54% above HPI

31 MARTINS 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 31 MARTINS DRIVE sales from July 2002 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 July 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2015 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 31 MARTINS DRIVE?

31 MARTINS DRIVE is 234m², which includes four extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 31 MARTINS DRIVE lies on this distribution: 93% of detached houses are smaller than 31 MARTINS DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

31 MARTINS DRIVE: Plot and Title Map

31 MARTINS DRIVE sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of 31 MARTINS 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 31 MARTINS 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 31 MARTINS DRIVE?

31 MARTINS DRIVE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 31 on MARTINS DRIVE.