59, RANCES LANE, WOKINGHAM, RG40 2LG - £870,000

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

59 RANCES LANE is a very large extended detached house of 232m², built sometime between 1950 and 1966. It was last sold for £870,000 in January 2020, which was around 40% above the average January 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

59 RANCES LANE Sold Prices

Land registry data shows two sales for 59 RANCES LANE 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 59 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
2020 29 JAN	£870,000	£621,637	40% above HPI
2015 29 JUL	£565,000	£548,805	3% above HPI

59 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 two 59 RANCES LANE sales from July 2015 and January 2020 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 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 59 RANCES LANE?

59 RANCES LANE is 232m², which includes two extensions, according to the EPC inspection conducted in August 2018. 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 59 RANCES LANE lies on this distribution: 93% of detached houses are smaller than 59 RANCES LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

59 RANCES LANE: Plot and Title Map

59 RANCES LANE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 59 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 59 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 59 RANCES LANE?

59 RANCES LANE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 59 on RANCES LANE.