MAYFIELD, LONGWATER LANE, FINCHAMPSTEAD, WOKINGHAM, RG40 4NX - £1,470,000

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

MAYFIELD is a very large extended detached house of 289m², built sometime between 2007 and 2011, which could now be worth an estimated £1,557,733. It was last sold for £1,470,000 in January 2024, which was around 102% above the average January 2024 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

MAYFIELD Sold Prices

Land registry data shows four sales for MAYFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Most of the four MAYFIELD 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
2024 19 JAN	£1,470,000	£726,331	102% above HPI
2018 12 OCT	£1,200,000	£649,940	85% above HPI
2009 23 JUN	£435,000	£373,450	16% above HPI
2003 3 FEB	£324,000	£343,288	6% below HPI

MAYFIELD 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 four MAYFIELD sales between February 2003 and January 2024 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 2018 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the January 2024 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might MAYFIELD be worth now?

MAYFIELD might now be worth an estimated £1,557,733.

This is based on house price inflation of 6%, between January 2024 and December 2024, 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 6% inflationary increase is applied to the most recent sale price for MAYFIELD of £1,470,000 on 19th January 2024. For the value to have increased from £1,470,000 to £1,557,733 over the one month to December 2024, the following assumptions must hold true:

• The value of MAYFIELD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The January 2024 sale price of £1,470,000 represented a fair market value for the property.
• The size, condition, and specification of MAYFIELD has not materially changed since January 2024.

How Large is MAYFIELD?

MAYFIELD is 289m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses houses in Finchampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finchampstead, and where MAYFIELD lies on this distribution: 91% of detached houses houses are smaller than MAYFIELD, and 9% of houses are larger. Note that EPC data is not available for all properties in Finchampstead.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on LONGWATER LANE in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of MAYFIELD on LONGWATER LANE.