45, REEVES WAY, WOKINGHAM, RG41 2PS - £620,000

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

45 REEVES WAY is a midsized extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £620,000 in October 2021, which was around 7% below the average October 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

45 REEVES WAY Sold Prices

Land registry data shows three sales for 45 REEVES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 45 REEVES 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
2021 29 OCT	£620,000	£669,485	7% below HPI
1999 26 NOV	£212,000	£220,290	4% below HPI
1997 7 JUL	£138,000	£155,781	11% below HPI

45 REEVES WAY 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 three 45 REEVES WAY sales between July 1997 and October 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 November 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 45 REEVES WAY?

45 REEVES WAY is 128m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 45 REEVES WAY lies on this distribution: 44% of detached houses are smaller than 45 REEVES WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

45 REEVES WAY: Plot and Title Map

45 REEVES WAY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 45 REEVES 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 45 REEVES 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 45 REEVES WAY?

45 REEVES WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 45 on REEVES WAY.