24, CHAPMAN DRIVE, BINFIELD, BRACKNELL, RG42 4GD - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 CHAPMAN DRIVE is a very small detached house of 87m². It was last sold for £500,000 in October 2023, which was around 31% below the average October 2023 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

24 CHAPMAN DRIVE Sold Prices

Land registry data shows two sales for 24 CHAPMAN 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 Bracknell Forest local authority area for the corresponding sale date. Both of the two 24 CHAPMAN 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
2023 24 OCT	£500,000	£721,910	31% below HPI
2019 28 JAN	£464,995	£637,776	27% below HPI

24 CHAPMAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The two 24 CHAPMAN DRIVE sales from January 2019 and October 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 January 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 24 CHAPMAN DRIVE be worth now?

24 CHAPMAN DRIVE might now be worth an estimated £516,631.

This is based on house price inflation of 3.3%, between October 2023 and December 2024, for detached houses, in the Bracknell Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for 24 CHAPMAN DRIVE of £500,000 on 24th October 2023. For the value to have increased from £500,000 to £516,631 over the ten months to December 2024, the following assumptions must hold true:

• The value of 24 CHAPMAN DRIVE has moved in line with the HPI for detached houses in the Bracknell Forest local authority area.
• The October 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHAPMAN DRIVE has not materially changed since October 2023.

How Large is 24 CHAPMAN DRIVE?

24 CHAPMAN DRIVE is 87m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses houses in Bracknell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracknell, and where 24 CHAPMAN DRIVE lies on this distribution: 11% of detached houses houses are smaller than 24 CHAPMAN DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bracknell.

24 CHAPMAN DRIVE: Plot and Title Map

24 CHAPMAN DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 24 CHAPMAN 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 24 CHAPMAN 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 24 CHAPMAN DRIVE?

24 CHAPMAN DRIVE is located in BINFIELD, in the RG42 postcode district. The below map shows the position of No. 24 on CHAPMAN DRIVE.