48, PARKWAY, CROWTHORNE, RG45 6EW - £640,000

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

48 PARKWAY is a large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £640,000 in June 2017, which was around 5% above the average June 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

48 PARKWAY Sold Prices

Land registry data shows four sales for 48 PARKWAY 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. Most of the four 48 PARKWAY sales were for above 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
2017 15 JUN	£640,000	£609,810	5% above HPI
2002 12 MAR	£380,000	£295,131	29% above HPI
1999 23 AUG	£215,000	£204,709	5% above HPI
1998 26 AUG	£130,000	£185,258	30% below HPI

48 PARKWAY 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 48 PARKWAY sales between August 1998 and June 2017 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 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 48 PARKWAY?

48 PARKWAY is 155m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Crowthorne, based on EPC data. The below chart shows the distribution of detached houses by size in Crowthorne, and where 48 PARKWAY lies on this distribution: 68% of detached houses are smaller than 48 PARKWAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Crowthorne.

48 PARKWAY: Plot and Title Map

48 PARKWAY sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 48 PARKWAY, 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 48 PARKWAY). 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 48 PARKWAY?

48 PARKWAY is located in CROWTHORNE, in the RG45 postcode district. The below map shows the position of No. 48 on PARKWAY.