LONGRIDGE, WICK HILL LANE, FINCHAMPSTEAD, WOKINGHAM, RG40 3QG - £980,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LONGRIDGE is a very large extended detached house of 286m², built sometime between 1996 and 2002, which could now be worth an estimated £1,190,777. It was last sold for £980,000 in September 2016, which was around 53% above the average September 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

LONGRIDGE Sold Prices

Land registry data shows two sales for LONGRIDGE 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. One of the two LONGRIDGE sales was for above the average price, whilst the other 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
2016 2 SEP	£980,000	£639,264	53% above HPI
1995 19 JUN	£78,750	£134,140	41% below HPI

LONGRIDGE 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 LONGRIDGE sales from June 1995 and September 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 June 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2016 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might LONGRIDGE be worth now?

LONGRIDGE might now be worth an estimated £1,190,777.

This is based on house price inflation of 21.5%, between September 2016 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.5% inflationary increase is applied to the most recent sale price for LONGRIDGE of £980,000 on 2nd September 2016. For the value to have increased from £980,000 to £1,190,777 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of LONGRIDGE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2016 sale price of £980,000 represented a fair market value for the property.
• The size, condition, and specification of LONGRIDGE has not materially changed since September 2016.

How Large is LONGRIDGE?

LONGRIDGE is 286m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where LONGRIDGE lies on this distribution: 97% of detached houses houses are smaller than LONGRIDGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

LONGRIDGE: Plot and Title Map

LONGRIDGE sits on a plot of roughly 0.247 of an acre, or 998m². The below map shows the location of LONGRIDGE, 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 LONGRIDGE). 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 LONGRIDGE?

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