MAGNOLIA COTTAGE, ROUNDABOUT LANE, WINNERSH, WOKINGHAM, RG41 5AE - £450,000

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.

MAGNOLIA COTTAGE is a very small extended detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £812,238. It was last sold for £450,000 in November 2011, which was around 5% above the average November 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows three sales for MAGNOLIA COTTAGE 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. The three MAGNOLIA COTTAGE sales were a mix of above the average price, and roughly equal to 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
2011 24 NOV	£450,000	£430,342	5% above HPI
2001 22 JUN	£275,000	£275,708	Close to HPI
1998 26 JUN	£205,000	£186,530	10% above HPI

MAGNOLIA COTTAGE 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 MAGNOLIA COTTAGE sales between June 1998 and November 2011 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 June 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2011 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might MAGNOLIA COTTAGE be worth now?

MAGNOLIA COTTAGE might now be worth an estimated £812,238.

This is based on house price inflation of 80.5%, between November 2011 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 80.5% inflationary increase is applied to the most recent sale price for MAGNOLIA COTTAGE of £450,000 on 24th November 2011. For the value to have increased from £450,000 to £812,238 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of MAGNOLIA COTTAGE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2011 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA COTTAGE has not materially changed since November 2011.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 72m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where MAGNOLIA COTTAGE lies on this distribution: 1% of detached houses houses are smaller than MAGNOLIA COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of MAGNOLIA COTTAGE, 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 MAGNOLIA COTTAGE). 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on ROUNDABOUT LANE in WINNERSH, in the RG41 postcode district. The below map shows the position of MAGNOLIA COTTAGE on ROUNDABOUT LANE.