6, GIBBS CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 4TY - £365,000

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

6 GIBBS CLOSE is a midsized extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £365,000 in January 2013, which was around 13% below the average January 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

6 GIBBS CLOSE Sold Prices

Land registry data shows two sales for 6 GIBBS 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 6 GIBBS 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
2013 8 JAN	£365,000	£420,427	13% below HPI
2002 15 OCT	£274,000	£321,618	15% below HPI

6 GIBBS 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 6 GIBBS CLOSE sales from October 2002 and January 2013 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 6 GIBBS CLOSE?

6 GIBBS CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 6 GIBBS CLOSE lies on this distribution: 43% of detached houses are smaller than 6 GIBBS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

6 GIBBS CLOSE: Plot and Title Map

6 GIBBS CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 6 GIBBS 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 6 GIBBS 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 6 GIBBS CLOSE?

6 GIBBS CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 6 on GIBBS CLOSE.