2, LENEY CLOSE, WOKINGHAM, RG40 1YL - £283,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LENEY CLOSE is a very small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £519,586. It was last sold for £283,000 in May 2007, which was around 32% below the average May 2007 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was C.

2 LENEY CLOSE Sold Prices

Land registry data shows two sales for 2 LENEY 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 LENEY 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
2007 22 MAY	£283,000	£419,217	32% below HPI
1998 20 JUL	£134,000	£189,055	29% below HPI

2 LENEY 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 LENEY CLOSE sales from July 1998 and May 2007 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 July 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2007 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 LENEY CLOSE be worth now?

2 LENEY CLOSE might now be worth an estimated £519,586.

This is based on house price inflation of 83.6%, between May 2007 and December 2024, 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 83.6% inflationary increase is applied to the most recent sale price for 2 LENEY CLOSE of £283,000 on 22nd May 2007. For the value to have increased from £283,000 to £519,586 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of 2 LENEY CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2007 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LENEY CLOSE has not materially changed since May 2007.

How Large is 2 LENEY CLOSE?

2 LENEY CLOSE is 100m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 LENEY CLOSE lies on this distribution: 16% of detached houses houses are smaller than 2 LENEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 LENEY CLOSE: Plot and Title Map

2 LENEY CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 LENEY 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 LENEY 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 LENEY CLOSE?

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