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

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.

45 REEVES WAY is a midsized extended detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £697,663. It was last sold for £620,000 in October 2021, which was around 10% 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	£690,288	10% below HPI
1999 26 NOV	£212,000	£227,136	7% below HPI
1997 7 JUL	£138,000	£160,622	14% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 45 REEVES WAY be worth now?

45 REEVES WAY might now be worth an estimated £697,663.

This is based on house price inflation of 12.5%, between October 2021 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 12.5% inflationary increase is applied to the most recent sale price for 45 REEVES WAY of £620,000 on 29th October 2021. For the value to have increased from £620,000 to £697,663 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 45 REEVES WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2021 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 45 REEVES WAY has not materially changed since October 2021.

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 houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where 45 REEVES WAY lies on this distribution: 44% of detached houses 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.