MERTON LODGE, BINFIELD ROAD, WOKINGHAM, RG40 1SL - £860,000

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

MERTON LODGE is a very large extended detached house of 234m², built sometime before 1900. It was last sold for £860,000 in December 2014, which was around 68% above the average December 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

MERTON LODGE Sold Prices

Land registry data shows two sales for MERTON LODGE 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. Both of the two MERTON 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
2014 8 DEC	£860,000	£513,096	68% above HPI
2003 21 NOV	£545,000	£332,549	64% above HPI

MERTON 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 two MERTON LODGE sales from November 2003 and December 2014 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 November 2003 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2014 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is MERTON LODGE?

MERTON LODGE is 234m², which includes three extensions, according to the EPC inspection conducted in July 2014. 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 MERTON LODGE lies on this distribution: 93% of detached houses are smaller than MERTON LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

MERTON LODGE: Plot and Title Map

MERTON LODGE sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of MERTON 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 MERTON 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 MERTON LODGE?

MERTON LODGE is located on BINFIELD ROAD in WOKINGHAM, in the RG40 postcode district. The below map shows the position of MERTON LODGE on BINFIELD ROAD.