5, WATSON CLOSE, WOKINGHAM, RG40 4YF - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 WATSON CLOSE is a small extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £500,000 in August 2019, which was around 18% below the average August 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 WATSON CLOSE Sold Prices

Land registry data shows two sales for 5 WATSON 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 5 WATSON 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
2019 2 AUG	£500,000	£608,650	18% below HPI
2008 21 MAY	£355,000	£412,161	14% below HPI

5 WATSON 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 5 WATSON CLOSE sales from May 2008 and August 2019 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 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 WATSON CLOSE?

5 WATSON CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 5 WATSON CLOSE lies on this distribution: 37% of detached houses are smaller than 5 WATSON CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

5 WATSON CLOSE: Plot and Title Map

5 WATSON CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 5 WATSON 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 5 WATSON 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 5 WATSON CLOSE?

5 WATSON CLOSE is located in WOKINGHAM, in the RG40 postcode district. The below map shows the position of No. 5 on WATSON CLOSE.