8, GRASMERE CLOSE, WINNERSH, WOKINGHAM, RG41 5XG - £415,000

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 GRASMERE CLOSE is a small extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £610,935. It was last sold for £415,000 in September 2014, which was around 21% below the average September 2014 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

8 GRASMERE CLOSE Sold Prices

Land registry data shows two sales for 8 GRASMERE 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 GRASMERE 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
2014 26 SEP	£415,000	£527,640	21% below HPI
2002 19 AUG	£194,000	£325,852	40% below HPI

8 GRASMERE 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 GRASMERE CLOSE sales from August 2002 and September 2014 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 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 GRASMERE CLOSE be worth now?

8 GRASMERE CLOSE might now be worth an estimated £610,935.

This is based on house price inflation of 47.2%, between September 2014 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 47.2% inflationary increase is applied to the most recent sale price for 8 GRASMERE CLOSE of £415,000 on 26th September 2014. For the value to have increased from £415,000 to £610,935 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 GRASMERE CLOSE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The September 2014 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRASMERE CLOSE has not materially changed since September 2014.

How Large is 8 GRASMERE CLOSE?

8 GRASMERE CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Winnersh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winnersh, and where 8 GRASMERE CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 GRASMERE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Winnersh.

8 GRASMERE CLOSE: Plot and Title Map

8 GRASMERE CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 8 GRASMERE 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 GRASMERE 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 GRASMERE CLOSE?

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