18, FARNESDOWN DRIVE, WOKINGHAM, RG41 1LD - £740,000

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.

18 FARNESDOWN DRIVE is a midsized extended detached house of 144m², built sometime between 2003 and 2006, which could now be worth an estimated £869,083. It was last sold for £740,000 in June 2021, which was around 12% above the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

18 FARNESDOWN DRIVE Sold Prices

Land registry data shows three sales for 18 FARNESDOWN DRIVE 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 18 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
2021 17 JUN	£740,000	£661,386	12% above HPI
2014 19 NOV	£545,000	£526,228	4% above HPI
2003 14 NOV	£355,000	£342,882	4% above HPI

18 FARNESDOWN DRIVE 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 18 FARNESDOWN DRIVE sales between November 2003 and June 2021 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 November 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 18 FARNESDOWN DRIVE be worth now?

18 FARNESDOWN DRIVE might now be worth an estimated £869,083.

This is based on house price inflation of 17.4%, between June 2021 and February 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 17.4% inflationary increase is applied to the most recent sale price for 18 FARNESDOWN DRIVE of £740,000 on 17th June 2021. For the value to have increased from £740,000 to £869,083 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 18 FARNESDOWN DRIVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The June 2021 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FARNESDOWN DRIVE has not materially changed since June 2021.

How Large is 18 FARNESDOWN DRIVE?

18 FARNESDOWN DRIVE is 144m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% 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 18 FARNESDOWN DRIVE lies on this distribution: 59% of detached houses houses are smaller than 18 FARNESDOWN DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

18 FARNESDOWN DRIVE: Plot and Title Map

18 FARNESDOWN DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 18 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 18 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 18 FARNESDOWN DRIVE?

18 FARNESDOWN DRIVE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 18 on FARNESDOWN DRIVE.