1, DIAMOND WAY, WOKINGHAM, RG41 3TU - £650,000

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.

1 DIAMOND WAY is a very large detached house of 195m², built sometime between 1976 and 1982, which could now be worth an estimated £691,908. It was last sold for £650,000 in May 2022, which was around 9% below the average May 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

1 DIAMOND WAY Sold Prices

Land registry data shows four sales for 1 DIAMOND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 1 DIAMOND WAY 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
2022 19 MAY	£650,000	£713,869	9% below HPI
2008 22 JAN	£365,000	£452,489	19% below HPI
2005 23 SEP	£294,500	£378,195	22% below HPI
2000 16 MAR	£198,000	£255,762	23% below HPI

1 DIAMOND WAY 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 four 1 DIAMOND WAY sales between March 2000 and May 2022 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 January 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 DIAMOND WAY be worth now?

1 DIAMOND WAY might now be worth an estimated £691,908.

This is based on house price inflation of 6.4%, between May 2022 and March 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 6.4% inflationary increase is applied to the most recent sale price for 1 DIAMOND WAY of £650,000 on 19th May 2022. For the value to have increased from £650,000 to £691,908 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 1 DIAMOND WAY has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2022 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DIAMOND WAY has not materially changed since May 2022.

How Large is 1 DIAMOND WAY?

1 DIAMOND WAY is 195m² according to the EPC inspection conducted in October 2021. This puts it in the largest 20% 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 1 DIAMOND WAY lies on this distribution: 85% of detached houses houses are smaller than 1 DIAMOND WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1 DIAMOND WAY: Plot and Title Map

1 DIAMOND WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 DIAMOND WAY, 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 1 DIAMOND WAY). 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 1 DIAMOND WAY?

1 DIAMOND WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 1 on DIAMOND WAY.