38, WHEATFIELDS ROAD, SHINFIELD, READING, RG2 9DG - £425,000

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

38 WHEATFIELDS ROAD is a very small extended semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £447,596. It was last sold for £425,000 in May 2023, which was around 11% below the average May 2023 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

38 WHEATFIELDS ROAD Sold Prices

Land registry data shows four sales for 38 WHEATFIELDS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the four 38 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
2023 10 MAY	£425,000	£475,694	11% below HPI
2017 30 JUN	£340,000	£397,506	14% below HPI
2014 24 JAN	£249,500	£299,284	17% below HPI
1995 12 APR	£60,000	£81,108	26% below HPI

38 WHEATFIELDS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The four 38 WHEATFIELDS ROAD sales between April 1995 and May 2023 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 June 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 38 WHEATFIELDS ROAD be worth now?

38 WHEATFIELDS ROAD might now be worth an estimated £447,596.

This is based on house price inflation of 5.3%, between May 2023 and February 2025, for semi-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 5.3% inflationary increase is applied to the most recent sale price for 38 WHEATFIELDS ROAD of £425,000 on 10th May 2023. For the value to have increased from £425,000 to £447,596 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 38 WHEATFIELDS ROAD has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The May 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 38 WHEATFIELDS ROAD has not materially changed since May 2023.

How Large is 38 WHEATFIELDS ROAD?

38 WHEATFIELDS ROAD is 81m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of semi-detached houses houses in Shinfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shinfield, and where 38 WHEATFIELDS ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 38 WHEATFIELDS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Shinfield.

38 WHEATFIELDS ROAD: Plot and Title Map

38 WHEATFIELDS ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 38 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 38 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 38 WHEATFIELDS ROAD?

38 WHEATFIELDS ROAD is located in SHINFIELD, in the RG2 postcode district. The below map shows the position of No. 38 on WHEATFIELDS ROAD.