9, PINE DRIVE, FINCHAMPSTEAD, WOKINGHAM, RG40 3LD - £705,000

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

9 PINE DRIVE is a small extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £705,000 in July 2023, which was around 1% below the average July 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

9 PINE DRIVE Sold Prices

Land registry data shows two sales for 9 PINE DRIVE 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 9 PINE DRIVE 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
2023 10 JUL	£705,000	£712,467	1% below HPI
2017 27 OCT	£610,000	£629,418	3% below HPI

9 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 two 9 PINE DRIVE sales from October 2017 and July 2023 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 October 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 9 PINE DRIVE?

9 PINE DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 9 PINE DRIVE lies on this distribution: 33% of detached houses are smaller than 9 PINE DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

9 PINE DRIVE: Plot and Title Map

9 PINE DRIVE sits on a plot of roughly 0.328 of an acre, or 1,327m². The below map shows the location of 9 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 9 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 9 PINE DRIVE?

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