3, GORSE RIDE SOUTH, FINCHAMPSTEAD, WOKINGHAM, RG40 4EH - £219,000

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 GORSE RIDE SOUTH is a small extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £219,000 in August 2002, which was around 31% below the average August 2002 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

3 GORSE RIDE SOUTH Sold Prices

Land registry data shows two sales for 3 GORSE RIDE SOUTH 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 GORSE RIDE SOUTH 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
2002 16 AUG	£219,000	£316,032	31% below HPI
2001 31 AUG	£193,000	£277,516	30% below HPI

3 GORSE RIDE SOUTH 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 GORSE RIDE SOUTH sales from August 2001 and August 2002 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 August 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2002 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 GORSE RIDE SOUTH?

3 GORSE RIDE SOUTH is 107m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 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 3 GORSE RIDE SOUTH lies on this distribution: 22% of detached houses are smaller than 3 GORSE RIDE SOUTH, and 77% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

3 GORSE RIDE SOUTH: Plot and Title Map

3 GORSE RIDE SOUTH sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 GORSE RIDE SOUTH, 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 GORSE RIDE SOUTH). 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 GORSE RIDE SOUTH?

3 GORSE RIDE SOUTH is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 3 on GORSE RIDE SOUTH.