4, MICHELDEVER WAY, BRACKNELL, RG12 0XX - £575,000

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

4 MICHELDEVER WAY is a midsized extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £575,000 in May 2023, which was around 20% below the average May 2023 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

4 MICHELDEVER WAY Sold Prices

Land registry data shows two sales for 4 MICHELDEVER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bracknell Forest local authority area for the corresponding sale date. Both of the two 4 MICHELDEVER WAY 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 26 MAY	£575,000	£714,888	20% below HPI
2014 23 JAN	£341,100	£457,736	25% below HPI

4 MICHELDEVER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The two 4 MICHELDEVER WAY sales from January 2014 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 January 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 MICHELDEVER WAY?

4 MICHELDEVER WAY is 125m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses in Bracknell, based on EPC data. The below chart shows the distribution of detached houses by size in Bracknell, and where 4 MICHELDEVER WAY lies on this distribution: 56% of detached houses are smaller than 4 MICHELDEVER WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Bracknell.

4 MICHELDEVER WAY: Plot and Title Map

4 MICHELDEVER WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 4 MICHELDEVER 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 4 MICHELDEVER 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 4 MICHELDEVER WAY?

4 MICHELDEVER WAY is located in BRACKNELL, in the RG12 postcode district. The below map shows the position of No. 4 on MICHELDEVER WAY.