7, ROWAN CLOSE, WOKINGHAM, RG41 4BH - £725,000

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 ROWAN CLOSE is a large extended detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £755,463. It was last sold for £725,000 in November 2022, which was around 3% below the average November 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

7 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 7 ROWAN 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. Two of the three 7 ROWAN CLOSE sales were for below the average price, whilst one was for above 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
2022 29 NOV	£725,000	£745,434	3% below HPI
2005 13 SEP	£370,000	£378,195	2% below HPI
1997 28 AUG	£194,500	£163,150	19% above HPI

7 ROWAN 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 7 ROWAN CLOSE sales between August 1997 and November 2022 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 September 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 ROWAN CLOSE be worth now?

7 ROWAN CLOSE might now be worth an estimated £755,463.

This is based on house price inflation of 4.2%, between November 2022 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 4.2% inflationary increase is applied to the most recent sale price for 7 ROWAN CLOSE of £725,000 on 29th November 2022. For the value to have increased from £725,000 to £755,463 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 ROWAN CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2022 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROWAN CLOSE has not materially changed since November 2022.

How Large is 7 ROWAN CLOSE?

7 ROWAN CLOSE is 155m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 7 ROWAN CLOSE lies on this distribution: 66% of detached houses houses are smaller than 7 ROWAN CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 ROWAN CLOSE: Plot and Title Map

7 ROWAN CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 7 ROWAN 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 ROWAN 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 ROWAN CLOSE?

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