7, OAKLANDS DRIVE, WOKINGHAM, RG41 2SA - £495,000

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

7 OAKLANDS DRIVE is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £495,000 in October 2018, which was around 21% below the average October 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

7 OAKLANDS DRIVE Sold Prices

Land registry data shows three sales for 7 OAKLANDS DRIVE 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. Two of the three 7 OAKLANDS DRIVE sales were for below the average price, whilst one was 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
2018 22 OCT	£495,000	£630,352	21% below HPI
2009 16 OCT	£395,000	£389,256	1% above HPI
2004 9 SEP	£310,000	£351,371	12% below HPI

7 OAKLANDS 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 three 7 OAKLANDS DRIVE sales between September 2004 and October 2018 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 October 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 OAKLANDS DRIVE?

7 OAKLANDS DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in July 2009. 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 7 OAKLANDS DRIVE lies on this distribution: 2% of detached houses are smaller than 7 OAKLANDS DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 OAKLANDS DRIVE: Plot and Title Map

7 OAKLANDS DRIVE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 7 OAKLANDS 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 7 OAKLANDS 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 7 OAKLANDS DRIVE?

7 OAKLANDS DRIVE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 7 on OAKLANDS DRIVE.