TORWOOD, TINTAGEL ROAD, FINCHAMPSTEAD, WOKINGHAM, RG40 3JJ - £740,000

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

TORWOOD is a large extended detached house of 151m², built sometime between 1976 and 1982. It was last sold for £740,000 in February 2017, which was around 20% above the average February 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

TORWOOD Sold Prices

Land registry data shows two sales for TORWOOD 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 TORWOOD 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
2017 15 FEB	£740,000	£618,630	20% above HPI
2003 11 AUG	£410,000	£331,189	24% above HPI

TORWOOD 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 TORWOOD sales from August 2003 and February 2017 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 August 2003 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is TORWOOD?

TORWOOD is 151m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where TORWOOD lies on this distribution: 64% of detached houses are smaller than TORWOOD, and 35% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

TORWOOD: Plot and Title Map

TORWOOD sits on a plot of roughly 0.190 of an acre, or 771m². The below map shows the location of TORWOOD, 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 TORWOOD). 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 TORWOOD?

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