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
8 MERRIL DRIVE is a very large detached house of 199m². It was last sold for £880,000 in August 2023, which was around 22% above the average August 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 8 MERRIL DRIVE since 1st 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 MERRIL 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 |
---|---|---|---|
2023 1 AUG | £880,000 | £721,441 | 22% above HPI |
2016 31 OCT | £834,950 | £614,147 | 36% above HPI |
The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 8 MERRIL DRIVE sales from October 2016 and August 2023 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 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2023 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.
8 MERRIL DRIVE is 199m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Winnersh, based on EPC data. The below chart shows the distribution of detached houses by size in Winnersh, and where 8 MERRIL DRIVE lies on this distribution: 93% of detached houses are smaller than 8 MERRIL DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Winnersh.
8 MERRIL DRIVE sits on a plot of roughly 1.0 acres, or 4,179m². The below map shows the location of 8 MERRIL 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 MERRIL 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.
8 MERRIL DRIVE is located in WINNERSH, in the RG41 postcode district. The below map shows the position of No. 8 on MERRIL DRIVE.