3, GILBERT WAY, FINCHAMPSTEAD, WOKINGHAM, RG40 4HJ - £690,000

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

3 GILBERT WAY is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £690,000 in June 2017, which was around 13% above the average June 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

3 GILBERT WAY Sold Prices

Land registry data shows two sales for 3 GILBERT WAY 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 3 GILBERT WAY 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
2017 23 JUN	£690,000	£609,810	13% above HPI
2005 11 MAR	£385,000	£346,399	11% above HPI

3 GILBERT WAY 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 3 GILBERT WAY sales from March 2005 and June 2017 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 March 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 GILBERT WAY?

3 GILBERT WAY is 68m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 3 GILBERT WAY lies on this distribution: 1% of detached houses are smaller than 3 GILBERT WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

3 GILBERT WAY: Plot and Title Map

3 GILBERT WAY sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 3 GILBERT WAY, 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 3 GILBERT WAY). 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 3 GILBERT WAY?

3 GILBERT WAY is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 3 on GILBERT WAY.