7, RIDING WAY, WOKINGHAM, RG41 3AH - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 RIDING WAY is a very small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £460,000 in August 2024, which was around 38% below the average August 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

7 RIDING WAY Sold Prices

Land registry data shows two sales for 7 RIDING WAY 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 7 RIDING 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
2024 30 AUG	£460,000	£738,864	38% below HPI
2017 22 FEB	£420,000	£618,630	32% below HPI

7 RIDING 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 two 7 RIDING WAY sales from February 2017 and August 2024 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 February 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 RIDING WAY?

7 RIDING WAY is 82m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 RIDING WAY lies on this distribution: 4% of detached houses are smaller than 7 RIDING WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 RIDING WAY: Plot and Title Map

7 RIDING WAY sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 7 RIDING 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 7 RIDING 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 7 RIDING WAY?

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