1B, BANKSIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 3QB - £418,000

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.

1B BANKSIDE is a very small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £536,258. It was last sold for £418,000 in January 2016, which was around 31% below the average January 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

1B BANKSIDE Sold Prices

Land registry data shows two sales for 1B BANKSIDE 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 1B BANKSIDE 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
2016 29 JAN	£418,000	£605,462	31% below HPI
2004 28 SEP	£290,000	£362,290	20% below HPI

1B BANKSIDE 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 1B BANKSIDE sales from September 2004 and January 2016 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1B BANKSIDE be worth now?

1B BANKSIDE might now be worth an estimated £536,258.

This is based on house price inflation of 28.3%, between January 2016 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 28.3% inflationary increase is applied to the most recent sale price for 1B BANKSIDE of £418,000 on 29th January 2016. For the value to have increased from £418,000 to £536,258 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1B BANKSIDE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The January 2016 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 1B BANKSIDE has not materially changed since January 2016.

How Large is 1B BANKSIDE?

1B BANKSIDE is 95m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 1B BANKSIDE lies on this distribution: 12% of detached houses houses are smaller than 1B BANKSIDE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

1B BANKSIDE: Plot and Title Map

1B BANKSIDE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 1B BANKSIDE, 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 1B BANKSIDE). 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 1B BANKSIDE?

1B BANKSIDE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 1B on BANKSIDE.