31, RIDING WAY, WOKINGHAM, RG41 3AH - £550,000

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 RIDING WAY is a midsized extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £550,000 in May 2019, which was around 8% below the average May 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

31 RIDING WAY Sold Prices

Land registry data shows three sales for 31 RIDING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Two of the three 31 RIDING WAY sales were for below the average price, whilst one was 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
2019 2 MAY	£550,000	£600,526	8% below HPI
2010 25 MAY	£430,000	£407,766	5% above HPI
2001 24 MAY	£248,000	£264,140	6% below HPI

31 RIDING 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 three 31 RIDING WAY sales between May 2001 and May 2019 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 May 2010 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 31 RIDING WAY?

31 RIDING WAY is 130m², which includes two extensions, according to the EPC inspection conducted in February 2010. 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 31 RIDING WAY lies on this distribution: 46% of detached houses are smaller than 31 RIDING WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

31 RIDING WAY: Plot and Title Map

31 RIDING WAY sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 31 RIDING 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 31 RIDING 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 31 RIDING WAY?

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