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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 ORWELL DRIVE is a very large detached house of 178m², which could now be worth an estimated £831,524. It was last sold for £785,000 in March 2024, which was around 7% 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	£733,296	7% above HPI
2018 21 DEC	£689,950	£641,465	8% 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 38 ORWELL DRIVE be worth now?

38 ORWELL DRIVE might now be worth an estimated £831,524.

This is based on house price inflation of 5.9%, between March 2024 and February 2025, 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 5.9% inflationary increase is applied to the most recent sale price for 38 ORWELL DRIVE of £785,000 on 1st March 2024. For the value to have increased from £785,000 to £831,524 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 38 ORWELL DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2024 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ORWELL DRIVE has not materially changed since March 2024.

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 houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arborfield Garrison, and where 38 ORWELL DRIVE lies on this distribution: 92% of detached houses 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.