HOPE LODGE, WICK HILL LANE, FINCHAMPSTEAD, WOKINGHAM, RG40 3QG - £1,260,000

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

HOPE LODGE is a very large detached house of 265m², built sometime between 1996 and 2002. It was last sold for £1,260,000 in March 2022, which was around 82% above the average March 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

HOPE LODGE Sold Prices

Land registry data shows three sales for HOPE LODGE 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 HOPE 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
2022 24 MAR	£1,260,000	£692,806	82% above HPI
2001 31 MAY	£488,000	£264,140	85% above HPI
1995 21 DEC	£252,500	£132,560	90% above HPI

HOPE 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 three HOPE LODGE sales between December 1995 and March 2022 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 2001 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the March 2022 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is HOPE LODGE?

HOPE LODGE is 265m² according to the EPC inspection conducted in October 2021. 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 HOPE LODGE lies on this distribution: 96% of detached houses are smaller than HOPE LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

HOPE LODGE: Plot and Title Map

HOPE LODGE sits on a plot of roughly 0.325 of an acre, or 1,313m². The below map shows the location of HOPE 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 HOPE 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 HOPE LODGE?

HOPE LODGE is located on WICK HILL LANE in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of HOPE LODGE on WICK HILL LANE.