48, HEATH CLOSE, WOKINGHAM, RG41 2PG - £475,000

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.

48 HEATH CLOSE is a very small detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £572,063. It was last sold for £475,000 in March 2021, which was around 26% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

48 HEATH CLOSE Sold Prices

Land registry data shows three sales for 48 HEATH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 48 HEATH 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 31 MAR	£475,000	£644,962	26% below HPI
2007 11 OCT	£310,000	£442,627	30% below HPI
1999 28 MAY	£135,000	£200,992	33% below HPI

48 HEATH 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 three 48 HEATH CLOSE sales between May 1999 and March 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 October 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 48 HEATH CLOSE be worth now?

48 HEATH CLOSE might now be worth an estimated £572,063.

This is based on house price inflation of 20.4%, between March 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 20.4% inflationary increase is applied to the most recent sale price for 48 HEATH CLOSE of £475,000 on 31st March 2021. For the value to have increased from £475,000 to £572,063 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 48 HEATH CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The March 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 48 HEATH CLOSE has not materially changed since March 2021.

How Large is 48 HEATH CLOSE?

48 HEATH CLOSE is 102m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% 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 48 HEATH CLOSE lies on this distribution: 18% of detached houses houses are smaller than 48 HEATH CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

48 HEATH CLOSE: Plot and Title Map

48 HEATH CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 48 HEATH 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 48 HEATH 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 48 HEATH CLOSE?

48 HEATH CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 48 on HEATH CLOSE.