12, FARNESDOWN DRIVE, WOKINGHAM, RG41 1LD - £447,500

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.

12 FARNESDOWN DRIVE is a very small semi-detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £534,950. It was last sold for £447,500 in September 2020, which was around 8% above the average September 2020 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

12 FARNESDOWN DRIVE Sold Prices

Land registry data shows four sales for 12 FARNESDOWN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. Most of the four 12 FARNESDOWN DRIVE 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 10 SEP	£447,500	£413,574	8% above HPI
2009 13 OCT	£250,000	£253,723	1% below HPI
2005 19 OCT	£269,950	£241,987	12% above HPI
2003 22 OCT	£235,000	£213,311	10% above HPI

12 FARNESDOWN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The four 12 FARNESDOWN DRIVE sales between October 2003 and September 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 October 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 12 FARNESDOWN DRIVE be worth now?

12 FARNESDOWN DRIVE might now be worth an estimated £534,950.

This is based on house price inflation of 19.5%, between September 2020 and March 2025, for semi-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 19.5% inflationary increase is applied to the most recent sale price for 12 FARNESDOWN DRIVE of £447,500 on 10th September 2020. For the value to have increased from £447,500 to £534,950 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 12 FARNESDOWN DRIVE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The September 2020 sale price of £447,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FARNESDOWN DRIVE has not materially changed since September 2020.

How Large is 12 FARNESDOWN DRIVE?

12 FARNESDOWN DRIVE is 83m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wokingham, and where 12 FARNESDOWN DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 12 FARNESDOWN DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

12 FARNESDOWN DRIVE: Plot and Title Map

12 FARNESDOWN DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 12 FARNESDOWN DRIVE, 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 12 FARNESDOWN DRIVE). 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 12 FARNESDOWN DRIVE?

12 FARNESDOWN DRIVE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 12 on FARNESDOWN DRIVE.