4, PAICE GREEN, WOKINGHAM, RG40 1YN - £386,000

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.

4 PAICE GREEN is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £479,726. It was last sold for £386,000 in February 2019, which was around 38% below the average February 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

4 PAICE GREEN Sold Prices

Land registry data shows four sales for 4 PAICE GREEN 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 PAICE GREEN 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
2019 15 FEB	£386,000	£624,998	38% below HPI
2011 14 DEC	£250,000	£432,143	42% below HPI
1997 20 JAN	£102,500	£146,887	30% below HPI
1995 28 MAR	£81,000	£134,496	40% below HPI

4 PAICE GREEN 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 PAICE GREEN sales between March 1995 and February 2019 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 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 4 PAICE GREEN be worth now?

4 PAICE GREEN might now be worth an estimated £479,726.

This is based on house price inflation of 24.3%, between February 2019 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 24.3% inflationary increase is applied to the most recent sale price for 4 PAICE GREEN of £386,000 on 15th February 2019. For the value to have increased from £386,000 to £479,726 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 PAICE GREEN has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2019 sale price of £386,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PAICE GREEN has not materially changed since February 2019.

How Large is 4 PAICE GREEN?

4 PAICE GREEN is 83m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where 4 PAICE GREEN lies on this distribution: 4% of detached houses houses are smaller than 4 PAICE GREEN, and 96% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

4 PAICE GREEN: Plot and Title Map

4 PAICE GREEN sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 4 PAICE GREEN, 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 PAICE GREEN). 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 PAICE GREEN?

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