3, NINE MILE RIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 4QA - £1,250,000

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.

3 NINE MILE RIDE is a very large extended detached house of 272m², built sometime between 1967 and 1975, which could now be worth an estimated £1,359,231. It was last sold for £1,250,000 in March 2022, which was around 75% above the average March 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

3 NINE MILE RIDE Sold Prices

Land registry data shows four sales for 3 NINE MILE RIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Most of the four 3 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
2022 23 MAR	£1,250,000	£714,334	75% above HPI
2021 29 JAN	£645,000	£650,292	1% below HPI
2004 1 APR	£450,000	£341,611	32% above HPI
1998 18 FEB	£278,000	£179,405	55% above HPI

3 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 four 3 NINE MILE RIDE sales between February 1998 and March 2022 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 2021 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2022 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 3 NINE MILE RIDE be worth now?

3 NINE MILE RIDE might now be worth an estimated £1,359,231.

This is based on house price inflation of 8.7%, between March 2022 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 8.7% inflationary increase is applied to the most recent sale price for 3 NINE MILE RIDE of £1,250,000 on 23rd March 2022. For the value to have increased from £1,250,000 to £1,359,231 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 3 NINE MILE RIDE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2022 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NINE MILE RIDE has not materially changed since March 2022.

How Large is 3 NINE MILE RIDE?

3 NINE MILE RIDE is 272m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% 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 3 NINE MILE RIDE lies on this distribution: 97% of detached houses houses are smaller than 3 NINE MILE RIDE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

3 NINE MILE RIDE: Plot and Title Map

3 NINE MILE RIDE sits on a plot of roughly 0.406 of an acre, or 1,642m². The below map shows the location of 3 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 3 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 3 NINE MILE RIDE?

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