5, ERICA DRIVE, WOKINGHAM, RG40 2DU - £965,000

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.

5 ERICA DRIVE is a very large extended detached house of 229m², built sometime between 1991 and 1995, which could now be worth an estimated £1,540,685. It was last sold for £965,000 in April 2014, which was around 98% above the average April 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

5 ERICA DRIVE Sold Prices

Land registry data shows two sales for 5 ERICA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 5 ERICA DRIVE 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
2014 4 APR	£965,000	£486,517	98% above HPI
1999 2 SEP	£490,000	£215,729	127% above HPI

5 ERICA DRIVE 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 two 5 ERICA DRIVE sales from September 1999 and April 2014 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 September 1999 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the April 2014 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 5 ERICA DRIVE be worth now?

5 ERICA DRIVE might now be worth an estimated £1,540,685.

This is based on house price inflation of 59.7%, between April 2014 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 59.7% inflationary increase is applied to the most recent sale price for 5 ERICA DRIVE of £965,000 on 4th April 2014. For the value to have increased from £965,000 to £1,540,685 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 5 ERICA DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The April 2014 sale price of £965,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ERICA DRIVE has not materially changed since April 2014.

How Large is 5 ERICA DRIVE?

5 ERICA DRIVE is 229m², which includes three extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 5 ERICA DRIVE lies on this distribution: 93% of detached houses houses are smaller than 5 ERICA DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

5 ERICA DRIVE: Plot and Title Map

5 ERICA DRIVE sits on a plot of roughly 0.255 of an acre, or 1,031m². The below map shows the location of 5 ERICA DRIVE, 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 ERICA DRIVE). 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 5 ERICA DRIVE?

5 ERICA DRIVE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 5 on ERICA DRIVE.