CHERITON, OAKLANDS LANE, CROWTHORNE, RG45 6JU - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHERITON is a very small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £782,115. It was last sold for £575,000 in July 2015, which was around 2% above the average July 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

CHERITON Sold Prices

Land registry data shows three sales for CHERITON 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. All of the three CHERITON 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
2015 21 JUL	£575,000	£565,858	2% above HPI
2006 10 AUG	£433,000	£387,304	12% above HPI
1999 29 JUL	£225,000	£206,253	9% above HPI

CHERITON 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 CHERITON sales between July 1999 and July 2015 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 August 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might CHERITON be worth now?

CHERITON might now be worth an estimated £782,115.

This is based on house price inflation of 36%, between July 2015 and December 2024, 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 36% inflationary increase is applied to the most recent sale price for CHERITON of £575,000 on 21st July 2015. For the value to have increased from £575,000 to £782,115 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of CHERITON has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2015 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of CHERITON has not materially changed since July 2015.

How Large is CHERITON?

CHERITON is 104m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses houses in Crowthorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crowthorne, and where CHERITON lies on this distribution: 18% of detached houses houses are smaller than CHERITON, and 82% of houses are larger. Note that EPC data is not available for all properties in Crowthorne.

CHERITON: Plot and Title Map

CHERITON sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of CHERITON, 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 CHERITON). 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 CHERITON?

CHERITON is located on OAKLANDS LANE in CROWTHORNE, in the RG45 postcode district. The below map shows the position of CHERITON on OAKLANDS LANE.