12, SORREL CLOSE, WOKINGHAM, RG40 5YA - £588,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 SORREL CLOSE is a large detached house of 156m², built sometime between 1991 and 1995, which could now be worth an estimated £867,937. It was last sold for £588,000 in November 2014, which was around 12% above the average November 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

12 SORREL CLOSE Sold Prices

Land registry data shows two sales for 12 SORREL CLOSE 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 12 SORREL CLOSE 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
2014 28 NOV	£588,000	£526,228	12% above HPI
1996 28 MAR	£153,000	£135,258	13% above HPI

12 SORREL 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 two 12 SORREL CLOSE sales from March 1996 and November 2014 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 March 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12 SORREL CLOSE be worth now?

12 SORREL CLOSE might now be worth an estimated £867,937.

This is based on house price inflation of 47.6%, between November 2014 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 47.6% inflationary increase is applied to the most recent sale price for 12 SORREL CLOSE of £588,000 on 28th November 2014. For the value to have increased from £588,000 to £867,937 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 SORREL CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2014 sale price of £588,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SORREL CLOSE has not materially changed since November 2014.

How Large is 12 SORREL CLOSE?

12 SORREL CLOSE is 156m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 12 SORREL CLOSE lies on this distribution: 67% of detached houses houses are smaller than 12 SORREL CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

12 SORREL CLOSE: Plot and Title Map

12 SORREL CLOSE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 12 SORREL 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 SORREL 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 SORREL CLOSE?

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