38, THE SPINNEY, FINCHAMPSTEAD, WOKINGHAM, RG40 4UN - £485,000

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

38 THE SPINNEY is a midsized extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £485,000 in November 2019, which was around 22% below the average November 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

38 THE SPINNEY Sold Prices

Land registry data shows three sales for 38 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 38 THE SPINNEY 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
2019 15 NOV	£485,000	£620,889	22% below HPI
2007 13 JUL	£339,950	£417,790	19% below HPI
2002 26 JUL	£239,950	£307,812	22% below HPI

38 THE SPINNEY 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 three 38 THE SPINNEY sales between July 2002 and November 2019 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 July 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 THE SPINNEY?

38 THE SPINNEY is 127m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 38 THE SPINNEY lies on this distribution: 43% of detached houses are smaller than 38 THE SPINNEY, and 56% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

38 THE SPINNEY: Plot and Title Map

38 THE SPINNEY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 38 THE SPINNEY, 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 38 THE SPINNEY). 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 38 THE SPINNEY?

38 THE SPINNEY is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 38 on THE SPINNEY.