8, GADD CLOSE, WOKINGHAM, RG40 5PQ - £675,000

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.

8 GADD CLOSE is a midsized extended detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £703,362. It was last sold for £675,000 in November 2022, which was around 9% below the average November 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

8 GADD CLOSE Sold Prices

Land registry data shows two sales for 8 GADD 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 GADD 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
2022 25 NOV	£675,000	£745,434	9% below HPI
2000 28 JAN	£199,950	£243,888	18% below HPI

8 GADD 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 GADD CLOSE sales from January 2000 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 January 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 GADD CLOSE be worth now?

8 GADD CLOSE might now be worth an estimated £703,362.

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 8 GADD CLOSE of £675,000 on 25th November 2022. For the value to have increased from £675,000 to £703,362 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 GADD CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The November 2022 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GADD CLOSE has not materially changed since November 2022.

How Large is 8 GADD CLOSE?

8 GADD CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% 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 8 GADD CLOSE lies on this distribution: 54% of detached houses houses are smaller than 8 GADD CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 GADD CLOSE: Plot and Title Map

8 GADD CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 GADD 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 GADD 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 GADD CLOSE?

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