4, NORFOLK CLOSE, WOKINGHAM, RG41 3AF - £462,000

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.

4 NORFOLK CLOSE is a very small extended detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £559,952. It was last sold for £462,000 in July 2018, which was around 28% below the average July 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

4 NORFOLK CLOSE Sold Prices

Land registry data shows two sales for 4 NORFOLK 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 4 NORFOLK 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
2018 18 JUL	£462,000	£640,879	28% below HPI
1995 11 SEP	£95,000	£136,771	31% below HPI

4 NORFOLK 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 4 NORFOLK CLOSE sales from September 1995 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 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 NORFOLK CLOSE be worth now?

4 NORFOLK CLOSE might now be worth an estimated £559,952.

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 4 NORFOLK CLOSE of £462,000 on 18th July 2018. For the value to have increased from £462,000 to £559,952 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 4 NORFOLK CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The July 2018 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NORFOLK CLOSE has not materially changed since July 2018.

How Large is 4 NORFOLK CLOSE?

4 NORFOLK CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 4 NORFOLK CLOSE lies on this distribution: 2% of detached houses houses are smaller than 4 NORFOLK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

4 NORFOLK CLOSE: Plot and Title Map

4 NORFOLK CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 NORFOLK 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 4 NORFOLK 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 4 NORFOLK CLOSE?

4 NORFOLK CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 4 on NORFOLK CLOSE.