27, MEDWAY CLOSE, WOKINGHAM, RG41 3TP - £518,000

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

27 MEDWAY CLOSE is a very small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £518,000 in November 2021, which was around 23% below the average November 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

27 MEDWAY CLOSE Sold Prices

Land registry data shows four sales for 27 MEDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the four 27 MEDWAY 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
2021 3 NOV	£518,000	£675,471	23% below HPI
2007 27 JUL	£345,000	£417,790	17% below HPI
2003 26 JUN	£257,000	£326,852	21% below HPI
2001 14 MAY	£210,000	£264,140	20% below HPI

27 MEDWAY 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 four 27 MEDWAY CLOSE sales between May 2001 and November 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 July 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 27 MEDWAY CLOSE?

27 MEDWAY CLOSE is 100m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 27 MEDWAY CLOSE lies on this distribution: 16% of detached houses are smaller than 27 MEDWAY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

27 MEDWAY CLOSE: Plot and Title Map

27 MEDWAY CLOSE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 27 MEDWAY 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 27 MEDWAY 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 27 MEDWAY CLOSE?

27 MEDWAY CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 27 on MEDWAY CLOSE.