Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 SOUTHLANDS CLOSE is a large extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £845,000 in February 2021, which was around 35% above the average February 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 SOUTHLANDS CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 2 SOUTHLANDS 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 |
---|---|---|---|
2021 19 FEB | £845,000 | £627,840 | 35% above HPI |
2005 4 NOV | £412,000 | £362,577 | 14% above HPI |
2002 28 JUN | £365,000 | £299,502 | 22% above HPI |
The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 2 SOUTHLANDS CLOSE sales between June 2002 and February 2021 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 November 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
2 SOUTHLANDS CLOSE is 178m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 SOUTHLANDS CLOSE lies on this distribution: 80% of detached houses are smaller than 2 SOUTHLANDS CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Wokingham.
2 SOUTHLANDS CLOSE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 2 SOUTHLANDS 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 SOUTHLANDS 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 SOUTHLANDS CLOSE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 2 on SOUTHLANDS CLOSE.