CONIFERS, SANDHURST ROAD, FINCHAMPSTEAD, WOKINGHAM, RG40 3JG - £650,000

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.

CONIFERS is a midsized extended detached house of 135m², built sometime between 1930 and 1949, which could now be worth an estimated £801,883. It was last sold for £650,000 in February 2020, which was around 3% above the average February 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

CONIFERS Sold Prices

Land registry data shows three sales for CONIFERS 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. One of the three CONIFERS sales was for above the average price, whilst two 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
2020 12 FEB	£650,000	£629,632	3% above HPI
2017 18 AUG	£555,000	£639,999	13% below HPI
2008 27 FEB	£356,954	£448,036	20% below HPI

CONIFERS 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 CONIFERS sales between February 2008 and February 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 August 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might CONIFERS be worth now?

CONIFERS might now be worth an estimated £801,883.

This is based on house price inflation of 23.4%, between February 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 23.4% inflationary increase is applied to the most recent sale price for CONIFERS of £650,000 on 12th February 2020. For the value to have increased from £650,000 to £801,883 over the five years to February 2025, the following assumptions must hold true:

• The value of CONIFERS has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2020 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of CONIFERS has not materially changed since February 2020.

How Large is CONIFERS?

CONIFERS is 135m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 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 CONIFERS lies on this distribution: 51% of detached houses houses are smaller than CONIFERS, and 48% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

CONIFERS: Plot and Title Map

CONIFERS sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of CONIFERS, 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 CONIFERS). 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 CONIFERS?

CONIFERS is located on SANDHURST ROAD in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of CONIFERS on SANDHURST ROAD.