8, SOUTH DRIVE, WOKINGHAM, RG40 2DH - £2,900,000

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 SOUTH DRIVE is a very large extended detached house of 502m², built sometime between 1900 and 1929. It was last sold for £2,900,000 in November 2021, which was around 329% above the average November 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was D.

8 SOUTH DRIVE Sold Prices

Land registry data shows two sales for 8 SOUTH 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 SOUTH 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 26 NOV	£2,900,000	£675,471	329% above HPI
2003 3 SEP	£1,500,000	£333,880	349% above HPI

8 SOUTH 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 SOUTH DRIVE sales from September 2003 and November 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 September 2003 sale was for 349% above the HPI. So the extrapolation line tracks at 349% above the HPI over time, until the November 2021 sale, where it falls to 329% above the HPI. The line then continues to track at 329% above the HPI.

How Large is 8 SOUTH DRIVE?

8 SOUTH DRIVE is 502m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 SOUTH DRIVE lies on this distribution: More than 99% of detached houses are smaller than 8 SOUTH DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 SOUTH DRIVE: Plot and Title Map

8 SOUTH DRIVE sits on a plot of roughly 1.2 acres, or 4,799m². The below map shows the location of 8 SOUTH 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 SOUTH 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 SOUTH DRIVE?

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