ACER HOUSE, SIMONS LANE, WOKINGHAM, RG41 3HH - £727,000

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.

ACER HOUSE is a very large extended detached house of 215m², built sometime between 2003 and 2006, which could now be worth an estimated £853,359. It was last sold for £727,000 in November 2020, which was around 10% above the average November 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

ACER HOUSE Sold Prices

Land registry data shows three sales for ACER HOUSE 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 ACER HOUSE 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 12 NOV	£727,000	£661,740	10% above HPI
2013 11 JUL	£565,000	£445,834	27% above HPI
2008 10 JAN	£632,000	£452,489	40% above HPI

ACER HOUSE 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 ACER HOUSE sales between January 2008 and November 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 2013 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might ACER HOUSE be worth now?

ACER HOUSE might now be worth an estimated £853,359.

This is based on house price inflation of 17.4%, between November 2020 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 17.4% inflationary increase is applied to the most recent sale price for ACER HOUSE of £727,000 on 12th November 2020. For the value to have increased from £727,000 to £853,359 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of ACER HOUSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2020 sale price of £727,000 represented a fair market value for the property.
• The size, condition, and specification of ACER HOUSE has not materially changed since November 2020.

How Large is ACER HOUSE?

ACER HOUSE is 215m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% 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 ACER HOUSE lies on this distribution: 90% of detached houses houses are smaller than ACER HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

ACER HOUSE: Plot and Title Map

ACER HOUSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of ACER HOUSE, 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 ACER HOUSE). 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 ACER HOUSE?

ACER HOUSE is located on SIMONS LANE in WOKINGHAM, in the RG41 postcode district. The below map shows the position of ACER HOUSE on SIMONS LANE.