9, RECREATION ROAD, WARGRAVE, READING, RG10 8BG - £975,000

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.

9 RECREATION ROAD is a very small extended detached house of 114m², built sometime between 1900 and 1929, which could now be worth an estimated £1,107,999. It was last sold for £975,000 in September 2021, which was around 43% above the average September 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

9 RECREATION ROAD Sold Prices

Land registry data shows three sales for 9 RECREATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Two of the three 9 RECREATION ROAD sales were for above the average price, whilst one was 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
2021 30 SEP	£975,000	£683,518	43% above HPI
2014 29 MAY	£468,000	£492,624	5% below HPI
1996 30 AUG	£143,500	£138,849	3% above HPI

9 RECREATION ROAD 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 three 9 RECREATION ROAD sales between August 1996 and September 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 May 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 9 RECREATION ROAD be worth now?

9 RECREATION ROAD might now be worth an estimated £1,107,999.

This is based on house price inflation of 13.6%, between September 2021 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 13.6% inflationary increase is applied to the most recent sale price for 9 RECREATION ROAD of £975,000 on 30th September 2021. For the value to have increased from £975,000 to £1,107,999 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 RECREATION ROAD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2021 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RECREATION ROAD has not materially changed since September 2021.

How Large is 9 RECREATION ROAD?

9 RECREATION ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in February 2014. 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 9 RECREATION ROAD lies on this distribution: 18% of detached houses houses are smaller than 9 RECREATION ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Wargrave.

9 RECREATION ROAD: Plot and Title Map

9 RECREATION ROAD sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 9 RECREATION ROAD, 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 9 RECREATION ROAD). 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 9 RECREATION ROAD?

9 RECREATION ROAD is located in WARGRAVE, in the RG10 postcode district. The below map shows the position of No. 9 on RECREATION ROAD.