31, GORSE RIDE NORTH, FINCHAMPSTEAD, WOKINGHAM, RG40 4ES - £397,500

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

31 GORSE RIDE NORTH is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £397,500 in October 2016, which was around 35% below the average October 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

31 GORSE RIDE NORTH Sold Prices

Land registry data shows two sales for 31 GORSE RIDE NORTH 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 31 GORSE RIDE NORTH 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
2016 27 OCT	£397,500	£614,147	35% below HPI
2005 8 AUG	£199,000	£358,904	45% below HPI

31 GORSE RIDE NORTH 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 31 GORSE RIDE NORTH sales from August 2005 and October 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 August 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 31 GORSE RIDE NORTH?

31 GORSE RIDE NORTH is 86m² 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 31 GORSE RIDE NORTH lies on this distribution: 6% of detached houses are smaller than 31 GORSE RIDE NORTH, and 94% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

31 GORSE RIDE NORTH: Plot and Title Map

31 GORSE RIDE NORTH sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 31 GORSE RIDE NORTH, 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 31 GORSE RIDE NORTH). 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 31 GORSE RIDE NORTH?

31 GORSE RIDE NORTH is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 31 on GORSE RIDE NORTH.