56, PINE DRIVE, FINCHAMPSTEAD, WOKINGHAM, RG40 3LE - £960,000

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

56 PINE DRIVE is a very large extended detached house of 254m², built sometime from 2012 onwards. It was last sold for £960,000 in September 2021, which was around 45% above the average September 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

56 PINE DRIVE Sold Prices

Land registry data shows three sales for 56 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. One of the three 56 PINE DRIVE sales was for above the average price, whilst two 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
2021 17 SEP	£960,000	£662,919	45% above HPI
2016 18 JAN	£490,000	£587,215	17% below HPI
2002 19 MAR	£250,000	£295,131	15% below HPI

56 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 56 PINE DRIVE sales between March 2002 and September 2021 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 January 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 56 PINE DRIVE?

56 PINE DRIVE is 254m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 56 PINE DRIVE lies on this distribution: 95% of detached houses are smaller than 56 PINE DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

56 PINE DRIVE: Plot and Title Map

56 PINE DRIVE sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of 56 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 56 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 56 PINE DRIVE?

56 PINE DRIVE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 56 on PINE DRIVE.