3, THE LODGES, BARKHAM RIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 4EP - £505,000

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 THE LODGES is a small detached house of 118m², built sometime between 1983 and 1990. It was last sold for £505,000 in May 2016, which was around 17% below the average May 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

3 THE LODGES Sold Prices

Land registry data shows two sales for 3 THE LODGES 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. One of the two 3 THE LODGES sales was for below the average price, whilst the other was 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
2016 25 MAY	£505,000	£608,409	17% below HPI
1995 31 MAR	£145,000	£130,442	11% above HPI

3 THE LODGES 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 THE LODGES sales from March 1995 and May 2016 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 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 THE LODGES?

3 THE LODGES is 118m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% 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 THE LODGES lies on this distribution: 33% of detached houses are smaller than 3 THE LODGES, and 67% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

3 THE LODGES: Plot and Title Map

3 THE LODGES sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 3 THE LODGES, 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 THE LODGES). 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 THE LODGES?

3 THE LODGES is located on BARKHAM RIDE in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of 3 THE LODGES on BARKHAM RIDE.