2, MILES WAY, WOKINGHAM, RG41 1BG - £727,500

2 MILES WAY is a small detached house of 122m². It was last sold for £727,500 in November 2022, which was around 7% below the average November 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

2 MILES WAY Sold Prices

Land registry data shows two sales for 2 MILES WAY 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 2 MILES 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 11 NOV	£727,500	£781,319	7% below HPI
2019 26 JUL	£555,000	£608,412	9% below HPI

2 MILES 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 two 2 MILES WAY sales from July 2019 and November 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 July 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 MILES WAY?

2 MILES WAY is 122m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 2 MILES WAY lies on this distribution: 38% of detached houses are smaller than 2 MILES WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 MILES WAY: Plot and Title Map

2 MILES WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 MILES 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 2 MILES 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 2 MILES WAY?

2 MILES WAY is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 2 on MILES WAY.