7, FLAMINGO CLOSE, WOKINGHAM, RG41 3SJ - £335,000

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.

7 FLAMINGO CLOSE is a very small semi-detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £403,422. It was last sold for £335,000 in October 2020, which was around 19% below the average October 2020 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

7 FLAMINGO CLOSE Sold Prices

Land registry data shows three sales for 7 FLAMINGO CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the three 7 FLAMINGO 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
2020 12 OCT	£335,000	£416,016	19% below HPI
2009 17 APR	£191,000	£233,055	18% below HPI
2001 20 DEC	£140,000	£181,250	23% below HPI

7 FLAMINGO CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 7 FLAMINGO CLOSE sales between December 2001 and October 2020 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 April 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 7 FLAMINGO CLOSE be worth now?

7 FLAMINGO CLOSE might now be worth an estimated £403,422.

This is based on house price inflation of 20.4%, between October 2020 and February 2025, for semi-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 7 FLAMINGO CLOSE of £335,000 on 12th October 2020. For the value to have increased from £335,000 to £403,422 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 FLAMINGO CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The October 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FLAMINGO CLOSE has not materially changed since October 2020.

How Large is 7 FLAMINGO CLOSE?

7 FLAMINGO CLOSE is 83m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of semi-detached houses houses in Wokingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wokingham, and where 7 FLAMINGO CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 7 FLAMINGO CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 FLAMINGO CLOSE: Plot and Title Map

7 FLAMINGO CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 7 FLAMINGO 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 7 FLAMINGO 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 7 FLAMINGO CLOSE?

7 FLAMINGO CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 7 on FLAMINGO CLOSE.