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 CORNWALL CLOSE is a small extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £490,000 in May 2014, which was around 3% above the average May 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 CORNWALL CLOSE since 1st 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. two of the four 2 CORNWALL CLOSE sales were for above the average price, and four 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 |
---|---|---|---|
2014 21 MAY | £490,000 | £477,778 | 3% above HPI |
2009 28 AUG | £353,500 | £377,918 | 6% below HPI |
2004 10 FEB | £301,500 | £335,840 | 10% below HPI |
1995 24 FEB | £131,500 | £130,587 | 1% above HPI |
The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The four 2 CORNWALL CLOSE sales between February 1995 and May 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 August 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2014 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
2 CORNWALL CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 CORNWALL CLOSE lies on this distribution: 35% of detached houses are smaller than 2 CORNWALL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wokingham.
2 CORNWALL CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 CORNWALL 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 CORNWALL 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.
2 CORNWALL CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 2 on CORNWALL CLOSE.