FRIARS LODGE, HEATH RIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 3QN - £1,600,000

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

FRIARS LODGE is a very large detached house of 355m². It was last sold for £1,600,000 in July 2017, which was around 160% above the average July 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

FRIARS LODGE Sold Prices

Land registry data shows two sales for FRIARS LODGE 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 FRIARS LODGE 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
2017 21 JUL	£1,600,000	£614,226	160% above HPI
2015 29 JAN	£545,000	£517,205	5% above HPI

FRIARS LODGE 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 FRIARS LODGE sales from January 2015 and July 2017 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 January 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2017 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

How Large is FRIARS LODGE?

FRIARS LODGE is 355m² according to the EPC inspection conducted in June 2017. 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 FRIARS LODGE lies on this distribution: 99% of detached houses are smaller than FRIARS LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

FRIARS LODGE: Plot and Title Map

FRIARS LODGE sits on a plot of roughly 0.305 of an acre, or 1,233m². The below map shows the location of FRIARS LODGE, 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 FRIARS LODGE). 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 FRIARS LODGE?

FRIARS LODGE is located on HEATH RIDE in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of FRIARS LODGE on HEATH RIDE.