38, MONTAGUE CLOSE, WOKINGHAM, RG40 5PH - £875,000

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.

38 MONTAGUE CLOSE is a very large extended detached house of 227m², built sometime between 1996 and 2002, which could now be worth an estimated £1,060,515. It was last sold for £875,000 in July 2018, which was around 37% above the average July 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

38 MONTAGUE CLOSE Sold Prices

Land registry data shows four sales for 38 MONTAGUE 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 38 MONTAGUE 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
2018 12 JUL	£875,000	£640,879	37% above HPI
2016 23 SEP	£850,000	£639,264	33% above HPI
2004 15 OCT	£525,000	£361,846	45% above HPI
1999 26 MAR	£324,000	£197,895	64% above HPI

38 MONTAGUE 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 38 MONTAGUE CLOSE sales between March 1999 and July 2018 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 September 2016 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 38 MONTAGUE CLOSE be worth now?

38 MONTAGUE CLOSE might now be worth an estimated £1,060,515.

This is based on house price inflation of 21.2%, between July 2018 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 21.2% inflationary increase is applied to the most recent sale price for 38 MONTAGUE CLOSE of £875,000 on 12th July 2018. For the value to have increased from £875,000 to £1,060,515 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 38 MONTAGUE CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2018 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MONTAGUE CLOSE has not materially changed since July 2018.

How Large is 38 MONTAGUE CLOSE?

38 MONTAGUE CLOSE is 227m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 38 MONTAGUE CLOSE lies on this distribution: 92% of detached houses houses are smaller than 38 MONTAGUE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

38 MONTAGUE CLOSE: Plot and Title Map

38 MONTAGUE CLOSE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 38 MONTAGUE 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 38 MONTAGUE 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 38 MONTAGUE CLOSE?

38 MONTAGUE CLOSE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 38 on MONTAGUE CLOSE.