2, WATSON CLOSE, WOKINGHAM, RG40 4YF - £300,000

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 WATSON CLOSE is a small detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £525,926. It was last sold for £300,000 in July 2008, which was around 32% below the average July 2008 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

2 WATSON CLOSE Sold Prices

Land registry data shows three sales for 2 WATSON CLOSE since 1^st 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 WATSON 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
2008 29 JUL	£300,000	£443,079	32% below HPI
2002 30 MAY	£228,000	£308,213	26% below HPI
1995 20 DEC	£110,000	£136,679	20% below HPI

2 WATSON 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 three 2 WATSON CLOSE sales between December 1995 and July 2008 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2008 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 WATSON CLOSE be worth now?

2 WATSON CLOSE might now be worth an estimated £525,926.

This is based on house price inflation of 75.3%, between July 2008 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 75.3% inflationary increase is applied to the most recent sale price for 2 WATSON CLOSE of £300,000 on 29th July 2008. For the value to have increased from £300,000 to £525,926 over the seventeen years and five months to February 2025, the following assumptions must hold true:

• The value of 2 WATSON CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2008 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WATSON CLOSE has not materially changed since July 2008.

How Large is 2 WATSON CLOSE?

2 WATSON CLOSE is 106m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% 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 WATSON CLOSE lies on this distribution: 21% of detached houses houses are smaller than 2 WATSON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

2 WATSON CLOSE: Plot and Title Map

2 WATSON CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 WATSON 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 WATSON 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 WATSON CLOSE?

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