8, BRIDGES CLOSE, WOKINGHAM, RG41 3XL - £452,000

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

8 BRIDGES CLOSE is a very small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £452,000 in March 2021, which was around 28% below the average March 2021 detached price in the Wokingham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

8 BRIDGES CLOSE Sold Prices

Land registry data shows two sales for 8 BRIDGES 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 8 BRIDGES 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
2021 9 MAR	£452,000	£625,524	28% below HPI
1996 23 AUG	£105,450	£134,665	22% below HPI

8 BRIDGES 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 8 BRIDGES CLOSE sales from August 1996 and March 2021 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 August 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 BRIDGES CLOSE?

8 BRIDGES CLOSE is 92m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Wokingham, based on EPC data. The below chart shows the distribution of detached houses by size in Wokingham, and where 8 BRIDGES CLOSE lies on this distribution: 10% of detached houses are smaller than 8 BRIDGES CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 BRIDGES CLOSE: Plot and Title Map

8 BRIDGES CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 8 BRIDGES 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 8 BRIDGES 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 8 BRIDGES CLOSE?

8 BRIDGES CLOSE is located in WOKINGHAM, in the RG41 postcode district. The below map shows the position of No. 8 on BRIDGES CLOSE.