THE STUDIO, EDNEYS HILL, WOKINGHAM, RG41 4DR - £512,500

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

THE STUDIO is a large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £512,500 in February 2024, which was around 29% below the average February 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

THE STUDIO Sold Prices

Land registry data shows two sales for THE STUDIO 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 THE STUDIO 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
2024 1 FEB	£512,500	£717,927	29% below HPI
2001 23 MAR	£150,000	£262,337	43% below HPI

THE STUDIO 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 THE STUDIO sales from March 2001 and February 2024 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 March 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE STUDIO?

THE STUDIO is 164m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where THE STUDIO lies on this distribution: 73% of detached houses are smaller than THE STUDIO, and 27% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of THE STUDIO, 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 THE STUDIO). 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 THE STUDIO?

THE STUDIO is located on EDNEYS HILL in WOKINGHAM, in the RG41 postcode district. The below map shows the position of THE STUDIO on EDNEYS HILL.