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 MASDAR GARDENS is a midsized detached house of 137m², built sometime between 2003 and 2006. It was last sold for £560,000 in July 2019, which was around 8% below the average July 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 MASDAR GARDENS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Most of the five 2 MASDAR GARDENS 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 |
---|---|---|---|
2019 31 JUL | £560,000 | £608,412 | 8% below HPI |
2016 24 MAY | £526,000 | £608,409 | 14% below HPI |
2005 1 JUL | £310,000 | £353,871 | 12% below HPI |
2003 24 JUL | £309,950 | £331,707 | 7% below HPI |
2000 28 APR | £249,995 | £248,134 | 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 five 2 MASDAR GARDENS sales between April 2000 and July 2019 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
2 MASDAR GARDENS is 137m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% 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 MASDAR GARDENS lies on this distribution: 53% of detached houses are smaller than 2 MASDAR GARDENS, and 46% of houses are larger. Note that EPC data is not available for all properties in Wokingham.
2 MASDAR GARDENS sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 MASDAR GARDENS, 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 MASDAR GARDENS). 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 MASDAR GARDENS is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 2 on MASDAR GARDENS.