ISERE, HEATH RIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 3QE - £525,000

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

ISERE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £525,000 in July 2016, which was around 14% below the average July 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

ISERE Sold Prices

Land registry data shows three sales for ISERE 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 ISERE 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 28 JUL	£525,000	£611,354	14% below HPI
2013 13 DEC	£410,000	£453,328	10% below HPI
2007 11 JUL	£349,000	£417,790	16% below HPI

ISERE 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 ISERE sales between July 2007 and July 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 December 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is ISERE?

ISERE is 78m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 ISERE lies on this distribution: 3% of detached houses are smaller than ISERE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

ISERE: Plot and Title Map

ISERE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of ISERE, 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 ISERE). 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 ISERE?

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