HONEYWOOD HOUSE, CHAPEL LANE, BINFIELD, BRACKNELL, RG42 4AR - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HONEYWOOD HOUSE is a midsized detached house of 127m², built sometime between 1950 and 1966. It was last sold for £475,000 in February 2016, which was around 22% below the average February 2016 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was D.

HONEYWOOD HOUSE Sold Prices

Land registry data shows two sales for HONEYWOOD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bracknell Forest local authority area for the corresponding sale date. Both of the two HONEYWOOD HOUSE sales 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
2016 17 FEB	£475,000	£608,967	22% below HPI
1995 31 MAY	£125,000	£139,066	10% below HPI

HONEYWOOD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The two HONEYWOOD HOUSE sales from May 1995 and February 2016 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 May 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might HONEYWOOD HOUSE be worth now?

HONEYWOOD HOUSE might now be worth an estimated £581,826.

This is based on house price inflation of 22.5%, between February 2016 and December 2024, for detached houses, in the Bracknell Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for HONEYWOOD HOUSE of £475,000 on 17th February 2016. For the value to have increased from £475,000 to £581,826 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of HONEYWOOD HOUSE has moved in line with the HPI for detached houses in the Bracknell Forest local authority area.
• The February 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of HONEYWOOD HOUSE has not materially changed since February 2016.

How Large is HONEYWOOD HOUSE?

HONEYWOOD HOUSE is 127m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in Binfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Binfield, and where HONEYWOOD HOUSE lies on this distribution: 45% of detached houses houses are smaller than HONEYWOOD HOUSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Binfield.

HONEYWOOD HOUSE: Plot and Title Map

HONEYWOOD HOUSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of HONEYWOOD 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 HONEYWOOD 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 HONEYWOOD HOUSE?

HONEYWOOD HOUSE is located on CHAPEL LANE in BINFIELD, in the RG42 postcode district. The below map shows the position of HONEYWOOD HOUSE on CHAPEL LANE.