2, CORNWALL CLOSE, WOKINGHAM, RG41 3AG - £490,000

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 CORNWALL CLOSE is a small extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £772,619. It was last sold for £490,000 in May 2014, which was around 1% below 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.

2 CORNWALL CLOSE Sold Prices

Land registry data shows four sales for 2 CORNWALL 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 CORNWALL 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
2014 21 MAY	£490,000	£492,624	1% below HPI
2009 28 AUG	£353,500	£389,661	9% below HPI
2004 10 FEB	£301,500	£346,276	13% below HPI
1995 24 FEB	£131,500	£134,645	2% below HPI

2 CORNWALL 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 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 CORNWALL CLOSE be worth now?

2 CORNWALL CLOSE might now be worth an estimated £772,619.

This is based on house price inflation of 57.7%, between May 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 57.7% inflationary increase is applied to the most recent sale price for 2 CORNWALL CLOSE of £490,000 on 21st May 2014. For the value to have increased from £490,000 to £772,619 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CORNWALL CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2014 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNWALL CLOSE has not materially changed since May 2014.

How Large is 2 CORNWALL CLOSE?

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 houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wokingham, and where 2 CORNWALL CLOSE lies on this distribution: 35% of detached houses 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: Plot and Title Map

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.

Where is 2 CORNWALL CLOSE?

2 CORNWALL CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 2 on CORNWALL CLOSE.