THE BIRCHES, HEATH RIDE, FINCHAMPSTEAD, WOKINGHAM, RG40 3QJ - £780,000

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.

THE BIRCHES is a large detached house of 149m², built sometime between 1967 and 1975, which could now be worth an estimated £914,068. It was last sold for £780,000 in October 2020, which was around 18% above the average October 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

THE BIRCHES Sold Prices

Land registry data shows two sales for THE BIRCHES 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 THE BIRCHES 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
2020 2 OCT	£780,000	£659,214	18% above HPI
2008 29 FEB	£540,000	£448,036	21% above HPI

THE BIRCHES 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 THE BIRCHES sales from February 2008 and October 2020 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 February 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might THE BIRCHES be worth now?

THE BIRCHES might now be worth an estimated £914,068.

This is based on house price inflation of 17.2%, between October 2020 and July 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 17.2% inflationary increase is applied to the most recent sale price for THE BIRCHES of £780,000 on 2nd October 2020. For the value to have increased from £780,000 to £914,068 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of THE BIRCHES has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The October 2020 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of THE BIRCHES has not materially changed since October 2020.

How Large is THE BIRCHES?

THE BIRCHES is 149m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% 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 THE BIRCHES lies on this distribution: 62% of detached houses houses are smaller than THE BIRCHES, and 37% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

THE BIRCHES: Plot and Title Map

THE BIRCHES sits on a plot of roughly 0.314 of an acre, or 1,269m². The below map shows the location of THE BIRCHES, 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 THE BIRCHES). 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 THE BIRCHES?

THE BIRCHES is located on HEATH RIDE in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of THE BIRCHES on HEATH RIDE.