8, NEWALLS RISE, WARGRAVE, READING, RG10 8AY - £322,500

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.

8 NEWALLS RISE is a very small extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £642,876. It was last sold for £322,500 in August 2009, which was around 17% below the average August 2009 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was C.

8 NEWALLS RISE Sold Prices

Land registry data shows two sales for 8 NEWALLS RISE 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 NEWALLS RISE 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
2009 21 AUG	£322,500	£389,661	17% below HPI
2002 29 JAN	£249,950	£304,137	18% below HPI

8 NEWALLS RISE 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 NEWALLS RISE sales from January 2002 and August 2009 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 January 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2009 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 NEWALLS RISE be worth now?

8 NEWALLS RISE might now be worth an estimated £642,876.

This is based on house price inflation of 99.3%, between August 2009 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 99.3% inflationary increase is applied to the most recent sale price for 8 NEWALLS RISE of £322,500 on 21st August 2009. For the value to have increased from £322,500 to £642,876 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 8 NEWALLS RISE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2009 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 8 NEWALLS RISE has not materially changed since August 2009.

How Large is 8 NEWALLS RISE?

8 NEWALLS RISE is 110m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses houses in Wargrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wargrave, and where 8 NEWALLS RISE lies on this distribution: 14% of detached houses houses are smaller than 8 NEWALLS RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wargrave.

8 NEWALLS RISE: Plot and Title Map

8 NEWALLS RISE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 8 NEWALLS RISE, 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 NEWALLS RISE). 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 NEWALLS RISE?

8 NEWALLS RISE is located in WARGRAVE, in the RG10 postcode district. The below map shows the position of No. 8 on NEWALLS RISE.