12, GIBBS CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 4TY - £463,000

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 GIBBS CLOSE is a midsized detached house of 128m², built sometime between 1983 and 1990. It was last sold for £463,000 in January 2020, which was around 26% below the average January 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

12 GIBBS CLOSE Sold Prices

Land registry data shows three sales for 12 GIBBS 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 GIBBS 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
2020 30 JAN	£463,000	£621,637	26% below HPI
2002 1 NOV	£298,950	£326,188	8% below HPI
1999 9 JUN	£202,000	£196,842	3% above HPI

12 GIBBS 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 GIBBS CLOSE sales between June 1999 and January 2020 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 GIBBS CLOSE?

12 GIBBS CLOSE is 128m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 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 GIBBS CLOSE lies on this distribution: 44% of detached houses are smaller than 12 GIBBS CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

12 GIBBS CLOSE: Plot and Title Map

12 GIBBS CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 12 GIBBS 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 GIBBS 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 GIBBS CLOSE?

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