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
5 CULLODEN WAY is a very small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £390,000 in June 2021, which was around 39% below the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 CULLODEN WAY since 1st 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 5 CULLODEN 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 4 JUN | £390,000 | £641,453 | 39% below HPI |
2010 4 MAY | £243,000 | £407,766 | 40% below HPI |
1996 30 AUG | £84,950 | £134,665 | 37% below HPI |
The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 5 CULLODEN WAY sales between August 1996 and June 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 May 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
5 CULLODEN WAY is 87m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 5 CULLODEN WAY lies on this distribution: 7% of detached houses are smaller than 5 CULLODEN WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wokingham.
5 CULLODEN WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 5 CULLODEN 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 5 CULLODEN 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.
5 CULLODEN WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 5 on CULLODEN WAY.