122, NINE MILE RIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 4JA - £610,000

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.

122 NINE MILE RIDE is a midsized extended detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £726,989. It was last sold for £610,000 in May 2020, which was around 6% below the average May 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

122 NINE MILE RIDE Sold Prices

Land registry data shows two sales for 122 NINE MILE RIDE 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. One of the two 122 NINE MILE RIDE sales was for below the average price, whilst the other was for above 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
2020 22 MAY	£610,000	£651,758	6% below HPI
1996 15 NOV	£168,000	£144,292	16% above HPI

122 NINE MILE RIDE 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 122 NINE MILE RIDE sales from November 1996 and May 2020 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 November 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 122 NINE MILE RIDE be worth now?

122 NINE MILE RIDE might now be worth an estimated £726,989.

This is based on house price inflation of 19.2%, between May 2020 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 19.2% inflationary increase is applied to the most recent sale price for 122 NINE MILE RIDE of £610,000 on 22nd May 2020. For the value to have increased from £610,000 to £726,989 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 122 NINE MILE RIDE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2020 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 122 NINE MILE RIDE has not materially changed since May 2020.

How Large is 122 NINE MILE RIDE?

122 NINE MILE RIDE is 143m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% 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 122 NINE MILE RIDE lies on this distribution: 58% of detached houses houses are smaller than 122 NINE MILE RIDE, and 42% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

122 NINE MILE RIDE: Plot and Title Map

122 NINE MILE RIDE sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of 122 NINE MILE RIDE, 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 122 NINE MILE RIDE). 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 122 NINE MILE RIDE?

122 NINE MILE RIDE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 122 on NINE MILE RIDE.