11, ACRE DRIVE, FINCHWOOD PARK, WOKINGHAM, RG40 4AR - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 ACRE DRIVE is a very small detached house of 98m², built in 2018. It was last sold for £500,000 in December 2022, which was around 31% below the average December 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

11 ACRE DRIVE Sold Prices

Land registry data shows two sales for 11 ACRE DRIVE 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 11 ACRE DRIVE 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 DEC	£500,000	£727,147	31% below HPI
2021 25 OCT	£485,000	£669,485	28% below HPI

11 ACRE DRIVE 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 11 ACRE DRIVE sales from October 2021 and December 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 October 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 ACRE DRIVE?

11 ACRE DRIVE is 98m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Arborfield Garrison, based on EPC data. The below chart shows the distribution of detached houses by size in Arborfield Garrison, and where 11 ACRE DRIVE lies on this distribution: 16% of detached houses are smaller than 11 ACRE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Arborfield Garrison.

11 ACRE DRIVE: Plot and Title Map

11 ACRE DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 11 ACRE DRIVE, 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 11 ACRE DRIVE). 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 11 ACRE DRIVE?

11 ACRE DRIVE is located in FINCHWOOD PARK, in the RG40 postcode district. The below map shows the position of No. 11 on ACRE DRIVE.