12, CYPRESS CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 3JW - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 CYPRESS CLOSE is a midsized detached house of 139m², built sometime between 1967 and 1975. It was last sold for £405,000 in October 2015, which was around 30% below the average October 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

12 CYPRESS CLOSE Sold Prices

Land registry data shows three sales for 12 CYPRESS CLOSE 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 12 CYPRESS CLOSE sales were for below the average price, whilst one was 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
2015 2 OCT	£405,000	£580,875	30% below HPI
2002 29 NOV	£285,000	£326,188	13% below HPI
1996 29 MAY	£136,000	£132,573	3% above HPI

12 CYPRESS CLOSE 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 CYPRESS CLOSE sales between May 1996 and October 2015 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 CYPRESS CLOSE?

12 CYPRESS CLOSE is 139m² according to the EPC inspection conducted in October 2015. This puts it in the largest 50% 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 CYPRESS CLOSE lies on this distribution: 55% of detached houses are smaller than 12 CYPRESS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

12 CYPRESS CLOSE: Plot and Title Map

12 CYPRESS CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 12 CYPRESS CLOSE, 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 CYPRESS CLOSE). 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 CYPRESS CLOSE?

12 CYPRESS CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 12 on CYPRESS CLOSE.