GARVA, TINTAGEL ROAD, FINCHAMPSTEAD, WOKINGHAM, RG40 3JJ - £800,000

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

GARVA is a large extended detached house of 170m², built sometime between 2003 and 2006. It was last sold for £800,000 in December 2020, which was around 25% above the average December 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was A.

GARVA Sold Prices

Land registry data shows three sales for GARVA 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. Two of the three GARVA sales were for above the average price, whilst one was 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 4 DEC	£800,000	£639,270	25% above HPI
2007 26 OCT	£660,000	£429,287	54% above HPI
2002 14 JUN	£50,000	£299,502	83% below HPI

GARVA 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 GARVA sales between June 2002 and December 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 October 2007 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the December 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is GARVA?

GARVA is 170m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 30% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where GARVA lies on this distribution: 76% of detached houses are smaller than GARVA, and 24% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

GARVA: Plot and Title Map

GARVA sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of GARVA, 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 GARVA). 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 GARVA?

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