7, WATKINS CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 4ER - £605,000

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

7 WATKINS CLOSE is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £605,000 in September 2018, which was around 3% below the average September 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

7 WATKINS CLOSE Sold Prices

Land registry data shows two sales for 7 WATKINS 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 7 WATKINS 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
2018 14 SEP	£605,000	£626,514	3% below HPI
2005 9 SEP	£363,000	£366,797	1% below HPI

7 WATKINS 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 7 WATKINS CLOSE sales from September 2005 and September 2018 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 7 WATKINS CLOSE?

7 WATKINS CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in November 2017. 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 7 WATKINS CLOSE lies on this distribution: 47% of detached houses are smaller than 7 WATKINS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

7 WATKINS CLOSE: Plot and Title Map

7 WATKINS CLOSE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 7 WATKINS 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 WATKINS 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 WATKINS CLOSE?

7 WATKINS CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 7 on WATKINS CLOSE.