16, PINE DRIVE, FINCHAMPSTEAD, WOKINGHAM, RG40 3LE - £775,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 PINE DRIVE is a small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £775,000 in February 2023, which was around 4% above the average February 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

16 PINE DRIVE Sold Prices

Land registry data shows two sales for 16 PINE 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. One of the two 16 PINE DRIVE sales was for above the average price, whilst the other was 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
2023 7 FEB	£775,000	£742,939	4% above HPI
1999 24 SEP	£195,000	£209,228	7% below HPI

16 PINE 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 16 PINE DRIVE sales from September 1999 and February 2023 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 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 16 PINE DRIVE?

16 PINE DRIVE is 112m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 16 PINE DRIVE lies on this distribution: 27% of detached houses are smaller than 16 PINE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

16 PINE DRIVE: Plot and Title Map

16 PINE DRIVE sits on a plot of roughly 0.254 of an acre, or 1,029m². The below map shows the location of 16 PINE 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 16 PINE 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 16 PINE DRIVE?

16 PINE DRIVE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 16 on PINE DRIVE.