21, RANCES LANE, WOKINGHAM, RG40 2LG - £770,500

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

21 RANCES LANE is a large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £770,500 in December 2016, which was around 23% above the average December 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

21 RANCES LANE Sold Prices

Land registry data shows three sales for 21 RANCES LANE 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 21 RANCES LANE sales were 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
2016 15 DEC	£770,500	£625,467	23% above HPI
2012 14 JUN	£499,999	£417,056	20% above HPI
2006 29 MAR	£400,000	£361,688	11% above HPI

21 RANCES LANE 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 21 RANCES LANE sales between March 2006 and December 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 June 2012 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 21 RANCES LANE?

21 RANCES LANE is 171m², which includes three extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 21 RANCES LANE lies on this distribution: 76% of detached houses are smaller than 21 RANCES LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

21 RANCES LANE: Plot and Title Map

21 RANCES LANE sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of 21 RANCES LANE, 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 21 RANCES LANE). 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 21 RANCES LANE?

21 RANCES LANE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 21 on RANCES LANE.