1, GORSE RIDE NORTH, FINCHAMPSTEAD, WOKINGHAM, RG40 4ES - £685,000

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 GORSE RIDE NORTH is a large detached house of 163m², built sometime between 1950 and 1966, which could now be worth an estimated £744,206. It was last sold for £685,000 in February 2022, which was around 4% below the average February 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 GORSE RIDE NORTH Sold Prices

Land registry data shows three sales for 1 GORSE RIDE NORTH 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 1 GORSE RIDE NORTH 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 18 FEB	£685,000	£714,960	4% below HPI
2013 27 SEP	£450,000	£454,777	1% below HPI
2001 19 SEP	£250,000	£295,024	15% below HPI

1 GORSE RIDE NORTH 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 1 GORSE RIDE NORTH sales between September 2001 and February 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 September 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 GORSE RIDE NORTH be worth now?

1 GORSE RIDE NORTH might now be worth an estimated £744,206.

This is based on house price inflation of 8.6%, between February 2022 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 8.6% inflationary increase is applied to the most recent sale price for 1 GORSE RIDE NORTH of £685,000 on 18th February 2022. For the value to have increased from £685,000 to £744,206 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 GORSE RIDE NORTH has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2022 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GORSE RIDE NORTH has not materially changed since February 2022.

How Large is 1 GORSE RIDE NORTH?

1 GORSE RIDE NORTH is 163m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 GORSE RIDE NORTH lies on this distribution: 71% of detached houses houses are smaller than 1 GORSE RIDE NORTH, and 28% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1 GORSE RIDE NORTH: Plot and Title Map

1 GORSE RIDE NORTH sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 1 GORSE RIDE NORTH, 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 GORSE RIDE NORTH). 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 GORSE RIDE NORTH?

1 GORSE RIDE NORTH is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 1 on GORSE RIDE NORTH.