2, ABBEY CLOSE, WOKINGHAM, RG40 1WB - £512,000

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

2 ABBEY CLOSE is a very small extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £512,000 in March 2016, which was around 15% below the average March 2016 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

2 ABBEY CLOSE Sold Prices

Land registry data shows four sales for 2 ABBEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 2 ABBEY 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
2016 31 MAR	£512,000	£598,935	15% below HPI
2012 18 MAY	£350,000	£414,522	16% below HPI
2005 24 OCT	£295,000	£367,424	20% below HPI
2001 16 NOV	£235,000	£291,746	19% below HPI

2 ABBEY 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 four 2 ABBEY CLOSE sales between November 2001 and March 2016 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 May 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 ABBEY CLOSE?

2 ABBEY CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 2 ABBEY CLOSE lies on this distribution: 14% of detached houses are smaller than 2 ABBEY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 ABBEY CLOSE: Plot and Title Map

2 ABBEY CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 2 ABBEY 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 2 ABBEY 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 2 ABBEY CLOSE?

2 ABBEY CLOSE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 2 on ABBEY CLOSE.