7, FERNBANK, FINCHAMPSTEAD, WOKINGHAM, RG40 4XB - £695,000

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

7 FERNBANK is a very large extended detached house of 187m², built sometime between 1983 and 1990. It was last sold for £695,000 in October 2015, which was around 20% above the average October 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

7 FERNBANK Sold Prices

Land registry data shows three sales for 7 FERNBANK 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 7 FERNBANK 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
2015 16 OCT	£695,000	£580,875	20% above HPI
2007 13 DEC	£600,000	£436,752	37% above HPI
1995 20 OCT	£176,000	£132,059	33% above HPI

7 FERNBANK 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 7 FERNBANK sales between October 1995 and October 2015 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 December 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2015 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7 FERNBANK?

7 FERNBANK is 187m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 7 FERNBANK lies on this distribution: 83% of detached houses are smaller than 7 FERNBANK, and 17% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 FERNBANK: Plot and Title Map

7 FERNBANK sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 7 FERNBANK, 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 7 FERNBANK). 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 7 FERNBANK?

7 FERNBANK is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 7 on FERNBANK.