CHIPSTEAD, LOWER WOKINGHAM ROAD, FINCHAMPSTEAD, WOKINGHAM, RG40 3NG - £540,000

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

CHIPSTEAD is a very large extended detached house of 222m², built sometime between 1976 and 1982. It was last sold for £540,000 in April 2012, which was around 30% above the average April 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

CHIPSTEAD Sold Prices

Land registry data shows three sales for CHIPSTEAD 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 CHIPSTEAD 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
2012 12 APR	£540,000	£414,240	30% above HPI
2002 28 FEB	£440,000	£293,296	50% above HPI
1999 26 FEB	£320,000	£189,013	69% above HPI

CHIPSTEAD 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 CHIPSTEAD sales between February 1999 and April 2012 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 February 2002 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2012 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is CHIPSTEAD?

CHIPSTEAD is 222m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 10% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where CHIPSTEAD lies on this distribution: 91% of detached houses are smaller than CHIPSTEAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

CHIPSTEAD: Plot and Title Map

CHIPSTEAD sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of CHIPSTEAD, 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 CHIPSTEAD). 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 CHIPSTEAD?

CHIPSTEAD is located on LOWER WOKINGHAM ROAD in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of CHIPSTEAD on LOWER WOKINGHAM ROAD.