WALLACE HOUSE, GOUGHS LANE, BRACKNELL, RG12 2JR - £1,025,000

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

WALLACE HOUSE is a very large detached house of 231m², built sometime between 1996 and 2002. It was last sold for £1,025,000 in October 2020, which was around 62% above the average October 2020 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

WALLACE HOUSE Sold Prices

Land registry data shows two sales for WALLACE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bracknell Forest local authority area for the corresponding sale date. Both of the two WALLACE HOUSE 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	£1,025,000	£632,173	62% above HPI
2001 27 FEB	£479,995	£261,807	83% above HPI

WALLACE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The two WALLACE HOUSE sales from February 2001 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 2001 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the October 2020 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is WALLACE HOUSE?

WALLACE HOUSE is 231m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Bracknell, based on EPC data. The below chart shows the distribution of detached houses by size in Bracknell, and where WALLACE HOUSE lies on this distribution: 98% of detached houses are smaller than WALLACE HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bracknell.

WALLACE HOUSE: Plot and Title Map

WALLACE HOUSE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of WALLACE HOUSE, 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 WALLACE HOUSE). 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 WALLACE HOUSE?

WALLACE HOUSE is located on GOUGHS LANE in BRACKNELL, in the RG12 postcode district. The below map shows the position of WALLACE HOUSE on GOUGHS LANE.