38, ORWELL DRIVE, ARBORFIELD GREEN, READING, RG2 9US - £785,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 ORWELL DRIVE is a very large detached house of 178m². It was last sold for £785,000 in March 2024, which was around 9% above the average March 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

38 ORWELL DRIVE Sold Prices

Land registry data shows two sales for 38 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 38 ORWELL 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
2024 1 MAR	£785,000	£721,704	9% above HPI
2018 21 DEC	£689,950	£622,133	11% above HPI

38 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 38 ORWELL DRIVE sales from December 2018 and March 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 December 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 38 ORWELL DRIVE?

38 ORWELL DRIVE is 178m² according to the EPC inspection conducted in November 2018. This puts it in the largest 10% of detached houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses by size in Arborfield Garrison, and where 38 ORWELL DRIVE lies on this distribution: 91% of detached houses are smaller than 38 ORWELL DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

38 ORWELL DRIVE: Plot and Title Map

38 ORWELL DRIVE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 38 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 38 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 38 ORWELL DRIVE?

38 ORWELL DRIVE is located in ARBORFIELD GREEN, in the RG2 postcode district. The below map shows the position of No. 38 on ORWELL DRIVE.