9, FERNBANK, FINCHAMPSTEAD, WOKINGHAM, RG40 4XB - £710,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 FERNBANK is a midsized detached house of 127m², built sometime between 1983 and 1990, which could now be worth an estimated £878,791. It was last sold for £710,000 in August 2019, which was around 13% above the average August 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

9 FERNBANK Sold Prices

Land registry data shows three sales for 9 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 9 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
2019 9 AUG	£710,000	£627,563	13% above HPI
2007 27 JUL	£499,950	£430,772	16% above HPI
2000 10 NOV	£298,500	£271,704	10% above HPI

9 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 9 FERNBANK sales between November 2000 and August 2019 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 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 9 FERNBANK be worth now?

9 FERNBANK might now be worth an estimated £878,791.

This is based on house price inflation of 23.8%, between August 2019 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.8% inflationary increase is applied to the most recent sale price for 9 FERNBANK of £710,000 on 9th August 2019. For the value to have increased from £710,000 to £878,791 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 9 FERNBANK has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The August 2019 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FERNBANK has not materially changed since August 2019.

How Large is 9 FERNBANK?

9 FERNBANK is 127m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where 9 FERNBANK lies on this distribution: 42% of detached houses houses are smaller than 9 FERNBANK, and 56% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

9 FERNBANK: Plot and Title Map

9 FERNBANK sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 9 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 9 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 9 FERNBANK?

9 FERNBANK is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 9 on FERNBANK.