6, MEDWAY CLOSE, WOKINGHAM, RG41 3TP - £427,500

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.

6 MEDWAY CLOSE is a small extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £730,167. It was last sold for £427,500 in September 2013, which was around 6% below the average September 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

6 MEDWAY CLOSE Sold Prices

Land registry data shows three sales for 6 MEDWAY 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 6 MEDWAY 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 5 SEP	£427,500	£454,777	6% below HPI
2006 5 MAY	£330,000	£374,145	12% below HPI
2001 30 MAR	£230,000	£270,489	15% below HPI

6 MEDWAY 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 6 MEDWAY CLOSE sales between March 2001 and September 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 May 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2013 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 6 MEDWAY CLOSE be worth now?

6 MEDWAY CLOSE might now be worth an estimated £730,167.

This is based on house price inflation of 70.8%, between September 2013 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 70.8% inflationary increase is applied to the most recent sale price for 6 MEDWAY CLOSE of £427,500 on 5th September 2013. For the value to have increased from £427,500 to £730,167 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 MEDWAY CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2013 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MEDWAY CLOSE has not materially changed since September 2013.

How Large is 6 MEDWAY CLOSE?

6 MEDWAY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% 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 6 MEDWAY CLOSE lies on this distribution: 36% of detached houses houses are smaller than 6 MEDWAY CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

6 MEDWAY CLOSE: Plot and Title Map

6 MEDWAY CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 6 MEDWAY 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 MEDWAY 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 MEDWAY CLOSE?

6 MEDWAY CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 6 on MEDWAY CLOSE.