8, WATSON CLOSE, WOKINGHAM, RG40 4YF - £510,000

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 WATSON CLOSE is a midsized extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £510,000 in February 2018, which was around 19% below the average February 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

8 WATSON CLOSE Sold Prices

Land registry data shows three sales for 8 WATSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Two of the three 8 WATSON CLOSE sales were for below the average price, whilst one was 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
2018 9 FEB	£510,000	£630,602	19% below HPI
2006 28 SEP	£375,000	£381,695	2% below HPI
1998 14 MAY	£189,950	£178,191	7% above HPI

8 WATSON 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 three 8 WATSON CLOSE sales between May 1998 and February 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 WATSON CLOSE?

8 WATSON CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in July 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 8 WATSON CLOSE lies on this distribution: 46% of detached houses are smaller than 8 WATSON CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wokingham.

8 WATSON CLOSE: Plot and Title Map

8 WATSON CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 8 WATSON 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 WATSON 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 WATSON CLOSE?

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