8, ERICA DRIVE, WOKINGHAM, RG40 2DU - £1,215,000

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

8 ERICA DRIVE is a very large detached house of 235m², built sometime between 1991 and 1995. It was last sold for £1,215,000 in April 2021, which was around 93% above the average April 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

8 ERICA DRIVE Sold Prices

Land registry data shows two sales for 8 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 8 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
2021 9 APR	£1,215,000	£630,427	93% above HPI
1995 30 NOV	£302,000	£131,848	129% above HPI

8 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 8 ERICA DRIVE sales from November 1995 and April 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 November 1995 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the April 2021 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 8 ERICA DRIVE?

8 ERICA DRIVE is 235m² according to the EPC inspection conducted in April 2021. This puts it in the largest 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 8 ERICA DRIVE lies on this distribution: 93% of detached houses are smaller than 8 ERICA DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 ERICA DRIVE: Plot and Title Map

8 ERICA DRIVE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 8 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 8 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 8 ERICA DRIVE?

8 ERICA DRIVE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 8 on ERICA DRIVE.