MAYFIELD, LONGWATER LANE, FINCHAMPSTEAD, WOKINGHAM, RG40 4NX - £1,200,000

MAYFIELD is a very large extended detached house of 289m², built sometime between 2007 and 2011. It was last sold for £1,200,000 in October 2018, which was around 90% above the average October 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

MAYFIELD Sold Prices

Land registry data shows three sales for MAYFIELD 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. Two of the three MAYFIELD sales were for above the average price, whilst one was 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
2018 12 OCT	£1,200,000	£630,352	90% above HPI
2009 23 JUN	£435,000	£362,195	20% above HPI
2003 3 FEB	£324,000	£332,943	3% below HPI

MAYFIELD 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 MAYFIELD sales between February 2003 and October 2018 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 June 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2018 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is MAYFIELD?

MAYFIELD is 289m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Finchampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Finchampstead, and where MAYFIELD lies on this distribution: 91% of detached houses are smaller than MAYFIELD, and 9% of houses are larger. Note that EPC data is not available for all properties in Finchampstead.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on LONGWATER LANE in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of MAYFIELD on LONGWATER LANE.