24, RANCES LANE, WOKINGHAM, RG40 2LH - £630,000

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

24 RANCES LANE is a midsized extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £630,000 in November 2009, which was around 60% above the average November 2009 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

24 RANCES LANE Sold Prices

Land registry data shows two sales for 24 RANCES LANE 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 24 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
2009 27 NOV	£630,000	£394,145	60% above HPI
2008 23 MAY	£500,000	£412,161	21% above HPI

24 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 two 24 RANCES LANE sales from May 2008 and November 2009 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 May 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2009 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 24 RANCES LANE?

24 RANCES LANE is 135m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 24 RANCES LANE lies on this distribution: 51% of detached houses are smaller than 24 RANCES LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

24 RANCES LANE: Plot and Title Map

24 RANCES LANE sits on a plot of roughly 0.240 of an acre, or 971m². The below map shows the location of 24 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 24 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 24 RANCES LANE?

24 RANCES LANE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 24 on RANCES LANE.