397, FINCHAMPSTEAD ROAD, FINCHAMPSTEAD, WOKINGHAM, RG40 3RL - £687,000

397 FINCHAMPSTEAD ROAD is a small detached house of 118m², built sometime between 1950 and 1966. It was last sold for £687,000 in October 2022, which was around 12% below the average October 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

397 FINCHAMPSTEAD ROAD Sold Prices

Land registry data shows two sales for 397 FINCHAMPSTEAD ROAD 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 397 FINCHAMPSTEAD ROAD 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
2022 6 OCT	£687,000	£782,320	12% below HPI
2016 16 NOV	£450,000	£623,071	28% below HPI

397 FINCHAMPSTEAD ROAD 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 397 FINCHAMPSTEAD ROAD sales from November 2016 and October 2022 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 397 FINCHAMPSTEAD ROAD?

397 FINCHAMPSTEAD ROAD is 118m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 397 FINCHAMPSTEAD ROAD lies on this distribution: 33% of detached houses are smaller than 397 FINCHAMPSTEAD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

397 FINCHAMPSTEAD ROAD: Plot and Title Map

397 FINCHAMPSTEAD ROAD sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 397 FINCHAMPSTEAD ROAD, 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 397 FINCHAMPSTEAD ROAD). 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 397 FINCHAMPSTEAD ROAD?

397 FINCHAMPSTEAD ROAD is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 397 on FINCHAMPSTEAD ROAD.