40, PINE DRIVE, FINCHAMPSTEAD, WOKINGHAM, RG40 3LE - £550,000

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

40 PINE DRIVE is a small extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £550,000 in July 2018, which was around 12% below the average July 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

40 PINE DRIVE Sold Prices

Land registry data shows three sales for 40 PINE DRIVE 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 40 PINE DRIVE 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
2018 25 JUL	£550,000	£621,565	12% below HPI
2004 31 AUG	£286,326	£347,782	18% below HPI
1997 17 DEC	£152,000	£171,077	11% below HPI

40 PINE DRIVE 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 40 PINE DRIVE sales between December 1997 and July 2018 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40 PINE DRIVE?

40 PINE DRIVE is 105m², which includes four extensions, according to the EPC inspection conducted in April 2018. 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 40 PINE DRIVE lies on this distribution: 20% of detached houses are smaller than 40 PINE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

40 PINE DRIVE: Plot and Title Map

40 PINE DRIVE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 40 PINE DRIVE, 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 40 PINE DRIVE). 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 40 PINE DRIVE?

40 PINE DRIVE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 40 on PINE DRIVE.