3, CHALLENOR CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 4UJ - £532,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHALLENOR CLOSE is a small detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £625,388. It was last sold for £532,500 in June 2021, which was around 19% below the average June 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

3 CHALLENOR CLOSE Sold Prices

Land registry data shows five sales for 3 CHALLENOR CLOSE since 1^st 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. All of the five 3 CHALLENOR 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 21 JUN	£532,500	£661,386	19% below HPI
2012 25 JUN	£375,000	£430,016	13% below HPI
2003 17 NOV	£250,000	£342,882	27% below HPI
1999 1 APR	£167,500	£198,535	16% below HPI
1996 11 NOV	£123,000	£144,292	15% below HPI

3 CHALLENOR 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 five 3 CHALLENOR CLOSE sales between November 1996 and June 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 June 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 CHALLENOR CLOSE be worth now?

3 CHALLENOR CLOSE might now be worth an estimated £625,388.

This is based on house price inflation of 17.4%, between June 2021 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 17.4% inflationary increase is applied to the most recent sale price for 3 CHALLENOR CLOSE of £532,500 on 21st June 2021. For the value to have increased from £532,500 to £625,388 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 CHALLENOR CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The June 2021 sale price of £532,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHALLENOR CLOSE has not materially changed since June 2021.

How Large is 3 CHALLENOR CLOSE?

3 CHALLENOR CLOSE is 116m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% 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 3 CHALLENOR CLOSE lies on this distribution: 32% of detached houses houses are smaller than 3 CHALLENOR CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

3 CHALLENOR CLOSE: Plot and Title Map

3 CHALLENOR CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 CHALLENOR 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 3 CHALLENOR 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 3 CHALLENOR CLOSE?

3 CHALLENOR CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 3 on CHALLENOR CLOSE.