8, MCCARTHY WAY, FINCHAMPSTEAD, WOKINGHAM, RG40 4UA - £485,000

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

8 MCCARTHY WAY is a small extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £485,000 in January 2016, which was around 17% below the average January 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

8 MCCARTHY WAY Sold Prices

Land registry data shows three sales for 8 MCCARTHY WAY 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 8 MCCARTHY WAY 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
2016 29 JAN	£485,000	£587,215	17% below HPI
2005 29 APR	£280,000	£347,040	19% below HPI
1999 15 NOV	£170,000	£220,290	23% below HPI

8 MCCARTHY WAY 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 8 MCCARTHY WAY sales between November 1999 and January 2016 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 April 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 MCCARTHY WAY?

8 MCCARTHY WAY is 121m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 8 MCCARTHY WAY lies on this distribution: 37% of detached houses are smaller than 8 MCCARTHY WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 MCCARTHY WAY: Plot and Title Map

8 MCCARTHY WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 MCCARTHY WAY, 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 8 MCCARTHY WAY). 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 8 MCCARTHY WAY?

8 MCCARTHY WAY is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 8 on MCCARTHY WAY.