8, CYPRESS CLOSE, FINCHAMPSTEAD, WOKINGHAM, RG40 3JW - £640,000

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 CYPRESS CLOSE is a very large extended detached house of 191m², built sometime between 1976 and 1982. It was last sold for £640,000 in August 2019, which was around 5% above the average August 2019 detached price in the Wokingham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

8 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 8 CYPRESS 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 CYPRESS CLOSE sales were 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
2019 16 AUG	£640,000	£608,650	5% above HPI
2013 22 NOV	£582,000	£453,006	28% above HPI

8 CYPRESS 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 CYPRESS CLOSE sales from November 2013 and August 2019 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 November 2013 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 CYPRESS CLOSE?

8 CYPRESS CLOSE is 191m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 20% 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 CYPRESS CLOSE lies on this distribution: 84% of detached houses are smaller than 8 CYPRESS CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 CYPRESS CLOSE: Plot and Title Map

8 CYPRESS CLOSE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 8 CYPRESS 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 CYPRESS 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 CYPRESS CLOSE?

8 CYPRESS CLOSE is located in FINCHAMPSTEAD, in the RG40 postcode district. The below map shows the position of No. 8 on CYPRESS CLOSE.