2, GADD CLOSE, WOKINGHAM, RG40 5PQ - £815,000

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 GADD CLOSE is a very large extended detached house of 190m², built sometime between 1996 and 2002, which could now be worth an estimated £968,964. It was last sold for £815,000 in September 2020, which was around 25% above the average September 2020 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

2 GADD CLOSE Sold Prices

Land registry data shows two sales for 2 GADD CLOSE 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 GADD CLOSE sales were for above 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
2020 25 SEP	£815,000	£653,333	25% above HPI
2000 31 MAY	£360,000	£259,685	39% above HPI

2 GADD 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 two 2 GADD CLOSE sales from May 2000 and September 2020 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 2000 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 GADD CLOSE be worth now?

2 GADD CLOSE might now be worth an estimated £968,964.

This is based on house price inflation of 18.9%, between September 2020 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 18.9% inflationary increase is applied to the most recent sale price for 2 GADD CLOSE of £815,000 on 25th September 2020. For the value to have increased from £815,000 to £968,964 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 GADD CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2020 sale price of £815,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GADD CLOSE has not materially changed since September 2020.

How Large is 2 GADD CLOSE?

2 GADD CLOSE is 190m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% 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 GADD CLOSE lies on this distribution: 84% of detached houses houses are smaller than 2 GADD CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 GADD CLOSE: Plot and Title Map

2 GADD CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 GADD 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 GADD 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 GADD CLOSE?

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