3, CORFIELD CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 4PA - £487,500

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

3 CORFIELD CLOSE is a very small detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £880,897. It was last sold for £487,500 in February 2011, which was around 14% above the average February 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

3 CORFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 CORFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 3 CORFIELD 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
2011 11 FEB	£487,500	£425,951	14% above HPI
1999 28 MAY	£261,500	£200,992	30% above HPI

3 CORFIELD 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 two 3 CORFIELD CLOSE sales from May 1999 and February 2011 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 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2011 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 CORFIELD CLOSE be worth now?

3 CORFIELD CLOSE might now be worth an estimated £880,897.

This is based on house price inflation of 80.7%, between February 2011 and December 2024, 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 80.7% inflationary increase is applied to the most recent sale price for 3 CORFIELD CLOSE of £487,500 on 11th February 2011. For the value to have increased from £487,500 to £880,897 over the twelve years and two months to December 2024, the following assumptions must hold true:

• The value of 3 CORFIELD CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The February 2011 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CORFIELD CLOSE has not materially changed since February 2011.

How Large is 3 CORFIELD CLOSE?

3 CORFIELD CLOSE is 122m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses houses in Finchampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finchampstead, and where 3 CORFIELD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 3 CORFIELD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Finchampstead.

3 CORFIELD CLOSE: Plot and Title Map

3 CORFIELD CLOSE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 3 CORFIELD 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 CORFIELD 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 CORFIELD CLOSE?

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