SPRINGWOOD, TINTAGEL ROAD, FINCHAMPSTEAD, WOKINGHAM, RG40 3JJ - £795,000

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

SPRINGWOOD is a very large extended detached house of 202m², built sometime between 1983 and 1990. It was last sold for £795,000 in November 2016, which was around 28% above the average November 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

SPRINGWOOD Sold Prices

Land registry data shows two sales for SPRINGWOOD 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 SPRINGWOOD 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
2016 10 NOV	£795,000	£623,071	28% above HPI
2006 6 NOV	£600,000	£386,097	55% above HPI

SPRINGWOOD 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 SPRINGWOOD sales from November 2006 and November 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 November 2006 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2016 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is SPRINGWOOD?

SPRINGWOOD is 202m², which includes three extensions, according to the EPC inspection conducted in May 2016. 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 SPRINGWOOD lies on this distribution: 87% of detached houses are smaller than SPRINGWOOD, and 13% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

SPRINGWOOD: Plot and Title Map

SPRINGWOOD sits on a plot of roughly 0.461 of an acre, or 1,867m². The below map shows the location of SPRINGWOOD, 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 SPRINGWOOD). 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 SPRINGWOOD?

SPRINGWOOD is located on TINTAGEL ROAD in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of SPRINGWOOD on TINTAGEL ROAD.