4, BISHOPS DRIVE, WOKINGHAM, RG40 1WA - £595,000

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

4 BISHOPS DRIVE is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £595,000 in June 2021, which was around 7% below the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 BISHOPS DRIVE Sold Prices

Land registry data shows four sales for 4 BISHOPS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 4 BISHOPS DRIVE 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
2021 11 JUN	£595,000	£641,453	7% below HPI
2011 18 MAR	£325,000	£410,476	21% below HPI
2002 2 AUG	£237,500	£316,032	25% below HPI
1996 28 JUN	£120,000	£133,582	10% below HPI

4 BISHOPS 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 four 4 BISHOPS DRIVE sales between June 1996 and June 2021 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 March 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 4 BISHOPS DRIVE?

4 BISHOPS DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 4 BISHOPS DRIVE lies on this distribution: 24% of detached houses are smaller than 4 BISHOPS DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

4 BISHOPS DRIVE: Plot and Title Map

4 BISHOPS DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 4 BISHOPS 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 4 BISHOPS 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 4 BISHOPS DRIVE?

4 BISHOPS DRIVE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 4 on BISHOPS DRIVE.