2, CHERRY TREE GROVE, WOKINGHAM, RG41 4UZ - £426,000

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.

2 CHERRY TREE GROVE is a small detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £760,220. It was last sold for £426,000 in November 2012, which was around 2% below the average November 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHERRY TREE GROVE Sold Prices

Land registry data shows two sales for 2 CHERRY TREE GROVE 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 2 CHERRY TREE GROVE 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
2012 9 NOV	£426,000	£435,266	2% below HPI
2007 5 MAR	£345,000	£415,272	17% below HPI

2 CHERRY TREE GROVE 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 2 CHERRY TREE GROVE sales from March 2007 and November 2012 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2012 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 CHERRY TREE GROVE be worth now?

2 CHERRY TREE GROVE might now be worth an estimated £760,220.

This is based on house price inflation of 78.5%, between November 2012 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 78.5% inflationary increase is applied to the most recent sale price for 2 CHERRY TREE GROVE of £426,000 on 9th November 2012. For the value to have increased from £426,000 to £760,220 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 CHERRY TREE GROVE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2012 sale price of £426,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY TREE GROVE has not materially changed since November 2012.

How Large is 2 CHERRY TREE GROVE?

2 CHERRY TREE GROVE is 112m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% 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 2 CHERRY TREE GROVE lies on this distribution: 27% of detached houses houses are smaller than 2 CHERRY TREE GROVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 CHERRY TREE GROVE: Plot and Title Map

2 CHERRY TREE GROVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 CHERRY TREE GROVE, 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 CHERRY TREE GROVE). 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 CHERRY TREE GROVE?

2 CHERRY TREE GROVE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 2 on CHERRY TREE GROVE.