7, SOMERVILLE CLOSE, WOKINGHAM, RG41 4SW - £400,000

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 SOMERVILLE CLOSE is a small extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £713,822. It was last sold for £400,000 in November 2012, which was around 8% below the average November 2012 detached price in the Wokingham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

7 SOMERVILLE CLOSE Sold Prices

Land registry data shows three sales for 7 SOMERVILLE 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 7 SOMERVILLE 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
2012 9 NOV	£400,000	£435,266	8% below HPI
2005 5 SEP	£340,000	£378,195	10% below HPI
2002 4 APR	£249,950	£304,063	18% below HPI

7 SOMERVILLE 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 SOMERVILLE CLOSE sales between April 2002 and November 2012 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2012 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 SOMERVILLE CLOSE be worth now?

7 SOMERVILLE CLOSE might now be worth an estimated £713,822.

This is based on house price inflation of 78.5%, between November 2012 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 78.5% inflationary increase is applied to the most recent sale price for 7 SOMERVILLE CLOSE of £400,000 on 9th November 2012. For the value to have increased from £400,000 to £713,822 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 SOMERVILLE CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2012 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SOMERVILLE CLOSE has not materially changed since November 2012.

How Large is 7 SOMERVILLE CLOSE?

7 SOMERVILLE CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 7 SOMERVILLE CLOSE lies on this distribution: 32% of detached houses houses are smaller than 7 SOMERVILLE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 SOMERVILLE CLOSE: Plot and Title Map

7 SOMERVILLE CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 7 SOMERVILLE 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 SOMERVILLE 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 SOMERVILLE CLOSE?

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