12, THE VINES, WOKINGHAM, RG41 4YY - £470,000

12 THE VINES is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £470,000 in June 2023, which was around 39% below the average June 2023 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

12 THE VINES Sold Prices

Land registry data shows three sales for 12 THE VINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 12 THE VINES sales were for below 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
2023 12 JUN	£470,000	£773,831	39% below HPI
1997 5 AUG	£133,500	£158,233	16% below HPI
1995 1 DEC	£118,500	£132,560	11% below HPI

12 THE VINES 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 three 12 THE VINES sales between December 1995 and June 2023 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 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 12 THE VINES?

12 THE VINES is 84m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 12 THE VINES lies on this distribution: 5% of detached houses are smaller than 12 THE VINES, and 94% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

12 THE VINES: Plot and Title Map

12 THE VINES sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 12 THE VINES, 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 THE VINES). 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 THE VINES?

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