248A, NINE MILE RIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 3PA - £425,000

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.

248A NINE MILE RIDE is a very large extended detached house of 201m², built sometime between 1967 and 1975, which could now be worth an estimated £830,047. It was last sold for £425,000 in October 2006, which was around 7% above the average October 2006 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

248A NINE MILE RIDE Sold Prices

Land registry data shows two sales for 248A NINE MILE RIDE 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 248A NINE MILE RIDE 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
2006 27 OCT	£425,000	£397,714	7% above HPI
2002 30 SEP	£355,000	£332,234	7% above HPI

248A NINE MILE RIDE 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 248A NINE MILE RIDE sales from September 2002 and October 2006 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 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2006 sale, which was also at 7% above the HPI.

What might 248A NINE MILE RIDE be worth now?

248A NINE MILE RIDE might now be worth an estimated £830,047.

This is based on house price inflation of 95.3%, between October 2006 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 95.3% inflationary increase is applied to the most recent sale price for 248A NINE MILE RIDE of £425,000 on 27th October 2006. For the value to have increased from £425,000 to £830,047 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 248A NINE MILE RIDE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2006 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 248A NINE MILE RIDE has not materially changed since October 2006.

How Large is 248A NINE MILE RIDE?

248A NINE MILE RIDE is 201m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 248A NINE MILE RIDE lies on this distribution: 87% of detached houses houses are smaller than 248A NINE MILE RIDE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

248A NINE MILE RIDE: Plot and Title Map

248A NINE MILE RIDE sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 248A NINE MILE RIDE, 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 248A NINE MILE RIDE). 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 248A NINE MILE RIDE?

248A NINE MILE RIDE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 248A on NINE MILE RIDE.