41, RANCES LANE, WOKINGHAM, RG40 2LG - £600,000

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

41 RANCES LANE is a large extended detached house of 167m², built sometime between 1967 and 1975. It was last sold for £600,000 in September 2014, which was around 17% above the average September 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

41 RANCES LANE Sold Prices

Land registry data shows three sales for 41 RANCES LANE 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 41 RANCES LANE 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
2014 29 SEP	£600,000	£511,738	17% above HPI
2003 10 SEP	£422,000	£333,880	26% above HPI
1998 18 DEC	£232,500	£188,751	23% above HPI

41 RANCES LANE 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 41 RANCES LANE sales between December 1998 and September 2014 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 September 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 41 RANCES LANE?

41 RANCES LANE is 167m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 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 41 RANCES LANE lies on this distribution: 74% of detached houses are smaller than 41 RANCES LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

41 RANCES LANE: Plot and Title Map

41 RANCES LANE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 41 RANCES LANE, 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 41 RANCES LANE). 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 41 RANCES LANE?

41 RANCES LANE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 41 on RANCES LANE.