14, CHAFFINCH CLOSE, WOKINGHAM, RG41 3HN - £587,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 CHAFFINCH CLOSE is a midsized detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £701,855. It was last sold for £587,500 in February 2018, which was around 10% below the average February 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

14 CHAFFINCH CLOSE Sold Prices

Land registry data shows three sales for 14 CHAFFINCH 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. All of the three 14 CHAFFINCH CLOSE 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
2018 14 FEB	£587,500	£650,197	10% below HPI
1999 27 OCT	£215,000	£220,106	2% below HPI
1997 28 MAY	£149,950	£156,681	4% below HPI

14 CHAFFINCH 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 14 CHAFFINCH CLOSE sales between May 1997 and February 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 October 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 14 CHAFFINCH CLOSE be worth now?

14 CHAFFINCH CLOSE might now be worth an estimated £701,855.

This is based on house price inflation of 19.5%, between February 2018 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 19.5% inflationary increase is applied to the most recent sale price for 14 CHAFFINCH CLOSE of £587,500 on 14th February 2018. For the value to have increased from £587,500 to £701,855 over the seven years to February 2025, the following assumptions must hold true:

• The value of 14 CHAFFINCH CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2018 sale price of £587,500 represented a fair market value for the property.
• The size, condition, and specification of 14 CHAFFINCH CLOSE has not materially changed since February 2018.

How Large is 14 CHAFFINCH CLOSE?

14 CHAFFINCH CLOSE is 132m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 14 CHAFFINCH CLOSE lies on this distribution: 48% of detached houses houses are smaller than 14 CHAFFINCH CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

14 CHAFFINCH CLOSE: Plot and Title Map

14 CHAFFINCH CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 14 CHAFFINCH 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 14 CHAFFINCH 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 14 CHAFFINCH CLOSE?

14 CHAFFINCH CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 14 on CHAFFINCH CLOSE.