NEWLANDS, SIMONS LANE, WOKINGHAM, RG41 3HH - £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

NEWLANDS is a very large extended detached house of 200m², built sometime between 2003 and 2006. It was last sold for £525,000 in February 2004, which was around 56% above the average February 2004 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS 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 NEWLANDS 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
2004 19 FEB	£525,000	£335,840	56% above HPI
2002 21 JUN	£410,000	£299,502	37% above HPI
1999 21 JUL	£217,950	£200,037	9% above HPI

NEWLANDS 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 NEWLANDS sales between July 1999 and February 2004 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 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2004 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is NEWLANDS?

NEWLANDS is 200m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where NEWLANDS lies on this distribution: 86% of detached houses are smaller than NEWLANDS, and 13% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on SIMONS LANE in WOKINGHAM, in the RG41 postcode district. The below map shows the position of NEWLANDS on SIMONS LANE.